ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

RRL Resolute Resources Ltd

0.01
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Resolute Resources Ltd TSXV:RRL 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% 0.01 0.01 0.015 0 01:00:00

Relentless Resources Announces Filing of 2013 Year End Results and Adoption of Advance Notice By-Law

29/04/2014 11:52pm

Marketwired Canada


Relentless Resources Ltd. ("Relentless" or "the Company") (TSX VENTURE:RRL)
announced today that is has filed its audited annual financial statements for
the year ended December 31, 2013, the accompanying management's discussion and
analysis, and the Form 51-101F1 Statement of Reserves Data and Other Oil and Gas
Information, for the year ended December 31, 2013, as mandated by National
Instrument 51-10 Standards of Disclosure for Oil and Gas Activities. All these
filings are available on SEDAR under the profile of Relentless at www.sedar.com.



The Company also announced today that the Board of Directors of Relentless has
approved the adoption of an advance notice by-law (the "Advance Notice By-law"),
which requires advance notice to Relentless in circumstances where nominations
of persons for election to the Board are made by shareholders other than
pursuant to a requisition of a meeting made pursuant to the provisions of the
Business Corporations Act (Alberta) ("ABCA") or a shareholder proposal made
pursuant to the provisions of the ABCA. 


Among other things, the Advance Notice By-law fixes a deadline by which
shareholders must submit a notice of director nominations to Relentless prior to
any annual or special meeting of shareholders where directors are to be elected
and sets forth the information that a shareholder must include in the notice for
it to be valid. In the case of an annual general meeting of shareholders, notice
to the Chief Executive Officer of Relentless must be made not less than 30 nor
more than 65 days prior to the date of the annual general meeting of
shareholders; provided, however, that in the event that the annual general
meeting of shareholders is called for at a date that is less than 50 days after
the date (the "Notice Date") on which the first public announcement of the date
of the annual meeting was made, notice by the nominating shareholder must be
given not later than the close of business on the tenth (10th) day following the
Notice Date. In the case of a special meeting (which is not also an annual
general meeting) of shareholders called for the purpose of electing directors
(whether or not called for other purposes), notice to the Chief Executive
Officer of Relentless must be made not later than the close of business on the
fifteenth (15th) day following the date on which the first public announcement
of the date of the special meeting of shareholders was made.


The purpose of the Advance Notice By-law is to foster a variety of interests of
the shareholders and Relentless by ensuring that all shareholders, including
those participating in a meeting by proxy rather than in person, receive
adequate notice of the nominations to be considered at a meeting and can thereby
exercise their voting rights in an informed manner. In addition, the Advance
Notice By-law is intended to provide a reasonable framework for shareholders to
nominate directors and should assist in facilitating an orderly and efficient
meeting process.


At the next annual general and special meeting of shareholders of Relentless to
be held on June 5, 2014, the shareholders will be asked to confirm and ratify
the Advance Notice By-law. A copy of the Advance Notice By-law has been filed
under Relentless's SEDAR profile at www.sedar.com.


About Relentless Resources Ltd.

Relentless is a Calgary based emerging oil and natural gas company, engaged in
the exploration, development, acquisition and production of natural gas and
light gravity crude oil reserves in Alberta and Saskatchewan. Relentless's
common shares trade on the TSX Venture Exchange under the symbol RRL.


Relentless's primary corporate objective is to achieve non-dilutive growth and
enhance shareholder value through internal prospect development, strategic
production acquisitions and prudent financial management.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Relentless Resources Ltd.
Dan Wilson
CEO
(403) 532-4466 ext. 227 or Mobile: (403) 874-9862
(403) 303-2503 (FAX)
info@relentless-resources.com
www.relentless-resources.com

1 Year Resolute Resources Chart

1 Year Resolute Resources Chart

1 Month Resolute Resources Chart

1 Month Resolute Resources Chart

Your Recent History

Delayed Upgrade Clock