Business
SinoGas West Inc. Terminates Letter of Intent
/NOT FOR DISTRIBUTON TO U.S. NEWSW IRE SERVICES OR DISSEMINATION IN THE UNITED STATES/...
About this update from Green Arrow Resources, Inc.
[{"type":"text","content":"\n\n\n\n\n\n/NOT FOR DISTRIBUTON TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ \n\n\nTSX-V: GZW.P\n\n\nCALGARY, Nov. 28, 2011 /CNW/ - SinoGas West Inc. (\"SinoGas\"), a capital\n pool company listed on the TSX Venture Exchange (the \"Exchange\"),\n confirms that the previously announced letter of intent with\n Blackstairs Energy Plc dated August 26, 2011, as amended on September\n 30, 2011, has been terminated as certain of the conditions set forth in\n the letter of intent have not been met.\n\n\nTrading of SinoGas' shares was halted on August 29, 2011 in anticipation\n of issuing a comprehensive news release in compliance with Exchange\n Policy 2.4.  The letter of intent was terminated by the parties on\n November 28, 2011.\n\n\nThe Board of Directors of Sinogas will continue to actively seek\n opportunities for a Qualifying Transaction as defined by the policies\n of the Exchange.\n\n\nSinoGas' shares are expected to resume trading on or about November 30,\n 2011.\n\n\nAbout SinoGas\n\n\nSinoGas, a capital pool company within the meaning of the policies of\n the Exchange, was incorporated December 21, 2007 and was listed on the\n exchange on or about January 7, 2010.  SinoGas does not have any\n operations and has no assets other than cash.  SinoGas' business is to\n identify and evaluate businesses and assets with a view to completing a\n qualifying transaction under the policies of the Exchange.\n\n\n\n\n\nThe TSX Venture Exchange has neither approved or disapproved the\n contents of this news release.\n\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider\n (as that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release.\n\n\n\n\n\n on SinoGas please see the corporate profile on SEDAR at www.sedar.com or contact: Wise Wong, President and Chief Executive Officer Telephone: +852-5100-1479 Facsimile: (403) 230-7878 \n","length":2429,"tagName":"div"}]