Resaca Exploitation Inc Result of Special Meeting (8513H)

TIDMRSOX

RNS Number : 8513H

Resaca Exploitation Inc

25 June 2013

 
 For immediate release   25 June 2013 
 

Resaca Exploitation, Inc.

("Resaca" or "the Company")

Result of Special Meeting

Further to the announcement made on 30 May 2013, Resaca announces that all resolutions proposed at the Special Meeting today were duly passed and accordingly the disposal of substantially all of the Company's assets to Legacy Reserves will proceed as outlined in the circular sent to Shareholders. Therefore, cancellation of admission of the Company's depositary interests to trading on AIM will occur on 5 July 2013 and the Company expects thereafter to embark on a voluntary liquidation process culminating in a distribution to Shareholders and the winding up of the Company. The Company will provide regular updates via the Regulatory News Service in relation to this process.

For further information please contact:

 
 Resaca Exploitation, Inc. 
 J.P. Bryan, Chairman and Chief Executive 
  Officer                                             [phone] 
 John J. ("Jay") Lendrum, III, Vice Chairman          [phone] 
 Phillip R. Smith, Vice President and 
  Chief Financial Officer                             [phone] 
 David Love, Vice President and Treasurer             [phone] 
 
 Buchanan (Investor Relations)                    [phone] 
 Tim Thompson 
  Ben Romney 
  www.buchanan.uk.com 
 
 finnCap Limited (Nomad and Broker)             + 44 (0) 20 7220 0500 
 Matt Goode, Corporate Finance 
  Christopher Raggett, Corporate Finance 
  Victoria Bates, Corporate Broking 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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