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Mystique Energy Inc. and Petro Energy Corp. Execute Agreement

CALGARY, Sept. 12 /CNW/ - Mystique Energy, Inc. (MYS:TSX Venture) ("Mystique") announces that Mys...

articleAbrasilver Resource Corp.September 12, 20083/company/abrasilver-resource-corp/news/mystique-energy-inc-and-petro-energy-corp-execute-agreement
Mystique Energy Inc. and Petro Energy Corp. Execute Agreement

About this update from Abrasilver Resource Corp.

[{"type":"text","content":"\n\n\n\nCALGARY, Sept. 12 /CNW/ - Mystique Energy, Inc. (MYS:TSX Venture)\n("Mystique") announces that Mystique and Petro Energy Corp ("Petro Energy")\nhave executed an Arrangement Agreement ("Agreement") whereby Mystique Energy\nand Petro Energy will complete a business combination.\n\n\nThe Agreement forms the basis of a plan of arrangement ("Plan") that\nMystique has filed pursuant to the Companies' Creditors Arrangement Act\n(Canada). The Plan has been approved by the Alberta Court of Queen's Bench\n("Court") and Mystique unsecured creditors. The Court has extended the date by\nwhich the Plan must be completed to December 31, 2008. Petro Energy\nshareholders must approve the business combination.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release. This news release\nmay contain forward-looking information. Actual future results may differ\nmaterially from those contemplated. The risks, uncertainties, and other\nfactors that could influence actual results are described in documents filed\nwith regulatory authorities.\n\n\n%SEDAR: 00001147E\n\n\n","length":1233,"tagName":"div"}]

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