Torque Sets Date of Shareholder Meeting to Consider Eurogas Transaction
20 Mai 2011 - 10:21PM
Marketwired
Torque Energy Inc. (TSX VENTURE: TQE) announces that an Annual and
Special General Meeting of its shareholders will be held on
Thursday, June 30th, 2011 at 9:00 a.m. The meeting location is to
be determined.
On April 29, 2011, Torque accepted an offer from Eurogas
Corporation, subject to receipt of a favourable fairness opinion
and regulatory and shareholder approvals, whereby Torque will
become a wholly-owned subsidiary of Eurogas. That transaction will
be voted upon at the meeting.
The Company has retained Jennings Capital Inc. of Calgary,
Alberta to prepare the fairness opinion. Receipt of Jenning's
opinion is expected prior to mailing of the proxy material on or
about June 6th.
Neither the TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Contacts: Torque Energy Inc. Brian E. Bayley President & CEO
604.689.1428 604.681.4692 (FAX) Torque Energy Inc. David C. Nelms
Chief Financial Officer 519.433.7710 519.433.7588 (FAX)
www.torqueenergy.com
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