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Share Name | Share Symbol | Market | Type |
---|---|---|---|
New Sage Energy Corp. | TSXV:NSG | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
New Sage Energy Corp. (TSX VENTURE:NSG) ("New Sage" or the "Corporation") is pleased to announce that at its annual general meeting (the "Meeting") held on September 20, 2011, the shareholders approved all resolutions placed before them by management, including the election of directors, the appointment of auditor, and the reaffirmation of the Company's stock option plan. The Shareholders elected John Carlesso, Marc T. Bamber, Douglas M. Stuve, Douglas Bartole and David A. Terry to serve as directors of the Company. As of the close of the Meeting, the Company's board is constituted of a majority of independent directors. The shareholders appointed McGovern, Hurley, Cunningham, LLP as the Company's auditors and authorized the Directors to fix the remuneration. The shareholders reaffirmed the Company's stock option plan, which provides for the issuance of options to acquire up to 10% of the Company's issued and outstanding Common Shares. About New Sage New Sage is a Canadian oil and gas exploration and development company with a focus on opportunities in the US Gulf States region and Latin America. New Sage is building a portfolio of production, through exploration and development opportunities, with established joint venture partners. Forward-Looking Statements This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by New Sage. The forward-looking statements or information contained in this news release are made as of the date hereof and New Sage does not undertake 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. The securities of New Sage being offered have not been, nor will be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.
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