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Pacific Rubiales announces receipt of interim order for plan of arrangement
Pacific Rubiales announces receipt of interim order for plan of arrangement.
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[{"type":"text","content":"\n\n\n\nPacific Rubiales announces receipt of interim order for plan of arrangement\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\n\nPacific Rubiales announces receipt of interim order for plan of arrangement\nPR Newswire\nTORONTO, June 5, 2015\n\n\n\nTORONTO, June 5, 2015 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) today announced that it has obtained an interim order of the Supreme Court of British Columbia providing for the holding of a special meeting of the holders of common shares of the Company to approve the previously announced arrangement under the Business Corporations Act (British Columbia) involving the Company, Harbour Energy, L.P., Harbour Energy Ltd., ALFA, S.A.B. de C.V. and 1035815 B.C. Ltd. (the \"Purchaser\"), pursuant to which the Purchaser will acquire all of the outstanding common shares of the Company not already owned by ALFA or held by the Company in treasury for cash consideration of C$6.50 per share (the \"Arrangement\").\n\nThe special meeting is scheduled to be held on Tuesday, July 7, 2015 at 9:00 a.m. (PDT) / 12:00 noon (EDT) in the Saturna Room of the Fairmont Hotel Vancouver, 900 West Georgia Street, Vancouver, British Columbia (the \"Meeting\"). The management information circular will be mailed shortly to shareholders of the Company in connection with the Meeting.\n\nThe board of directors of the Company has unanimously approved the Arrangement and recommends that shareholders vote FOR the Arrangement.\n\nAbout Pacific Rubiales\n\nPacific Rubiales is a Canadian public company and a leading explorer and producer of natural gas and crude oil, with operations focused in Latin America. The Company has a diversified portfolio of assets with interests in approximately 90 exploration and production blocks in seven countries including Colombia, Peru, Guatemala, Brazil, Guyana, Papua New Guinea and Belize. The Company's strategy is focused on sustainable growth in production & reserves and cash generation. Pacific Rubiales is committed to conducting busin...