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RLM Realm Energy International Cp

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Share Name Share Symbol Market Type
Realm Energy International Cp TSXV:RLM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Realm Energy International Corporation and San Leon Energy plc Announce Court Approval of Plan of Arrangement

03/11/2011 9:04pm

Marketwired Canada


NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES, AUSTRALIA, RUSSIA,
SOUTH AFRICA OR JAPAN


Realm Energy International Corporation ("Realm Energy") (TSX VENTURE:RLM) and
San Leon Energy plc ("San Leon") (AIM:SLE) are pleased to announce that the
Supreme Court of British Columbia has approved the previously announced
acquisition of Realm Energy by San Leon pursuant to a plan of arrangement (the
"Arrangement").


San Leon and Realm Energy previously announced that at a meeting of Realm Energy
shareholders held on November 1, 2011, Realm Energy shareholders voted in favour
of the resolution to approve the Arrangement. Closing of the Arrangement is
expected to occur on or about November 4, 2011.


About Realm Energy

Realm Energy is a Canadian domiciled global energy company focused on driving
the exploration and development of major shale plays throughout Europe and
emerging countries. Realm Energy presently has projects in Poland, Spain and
Germany and is in the process of acquiring additional petroleum and natural gas
rights in other European basins. Realm Energy is committed to leveraging the
most advanced shale technology to bring these resources into production. 


On August 26, 2011, Realm Energy announced it had reached an agreement with San
Leon whereby San Leon will acquire all of the issued and outstanding shares of
Realm Energy pursuant to the Arrangement. Further information, with respect to
the Arrangement is available in Realm Energy's Information Circular dated
October 5, 2011, which can be viewed at www.sedar.com.


About San Leon

San Leon is an independent oil and gas exploration and production company listed
on London's Alternative Investment Market (ticker symbol: SLE). The company
holds exploration assets in Poland, Morocco, Albania, Ireland, and Italy. San
Leon's focus is on both shale and conventional exploration across its portfolio.


Forward-Looking Statements: This press release contains forward-looking
statements and forward-looking information within the meaning of applicable
securities laws. The use of any of the words "expect", "anticipate", "may",
"will", "should", "believe", and similar expressions are intended to identify
forward-looking information or statements. This press release contains
forward-looking statements and information concerning the anticipated completion
of the proposed Arrangement and the anticipated timing for completion of the
Arrangement. Realm Energy has provided these anticipated times in reliance on
certain assumptions that they believe are reasonable at this time, including
assumptions as to the time necessary to satisfy the conditions to the closing of
the Arrangement. These dates may change for a number of reasons, including
unforeseen delays, inability to secure necessary regulatory approvals in the
time assumed or the need for additional time to satisfy the conditions to the
completion of the Arrangement. There can be no assurance that the Arrangement
will be completed as proposed or at all. Accordingly, readers should not place
undue reliance on the forward-looking statements and information contained in
this press release concerning these times. Readers are cautioned that the
foregoing list of factors is not exhaustive. The forward-looking statements and
information contained in this press release are made as of the date hereof and
neither Realm Energy or San Leon undertakes any obligation to update publicly or
revise any forward-looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.


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