Business
RIPPER OIL AND GAS INC. - PRESS RELEASE
Mar. 3, 2011 (Canada NewsWire Group) -- TSX VENTURE STOCK SYMBOL: RIP CALGARY, March 3 /C...
About this update from Nevada King Gold Corp
[{"type":"text","content":"\n\n\n Mar. 3, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX VENTURE STOCK SYMBOL: RIP\n\n\nCALGARY, March 3 /CNW/ - RIPPER OIL AND GAS INC. ("RIP") is pleased to announce that it has completed its previously announced\n sale of its remaining assets to an arm's length purchaser in\n consideration for $3.0 million effective March 1, 2011.\n\n\nRipper intends to use the cash from the disposition of these assets as\n well as current cash on hand to satisfy tax, severance and other\n obligations of Ripper. To the extent that it deems it advisable and to\n the extent that it has excess cash, Ripper's Board may also declare a\n dividend on its common shares.\n\n\nThe Corporation currently has 20,850,409 shares outstanding.\n\n\nRipper Oil and Gas Inc. ("RIP") is a publicly traded company on The TSX\n Venture Exchange. Further information is available on SEDAR at www.sedar.com.\n\n\nThe TSX Venture Exchange has neither approved nor disapproved of the\n information contained herein.\n\n\n\n\n Mr. R.G. (Jerry) Ball, President and Chief Executive Officer at (403) 662-2020 or Fax (403) 662-2029 RIPPER OIL AND GAS INC. Suite 1150, 606 - 4 Street S.W. Calgary, Alberta T2P 1T1\n\n","length":2407,"tagName":"div"}]