TUDOR ANNOUNCES MEETING DATE EXTENDED AND MAILING
CALGARY, Oct. 25 /CNW/ - Tudor Corporation (TSX: TDR) ("Tudor") and Marzcorp Oil & Gas Inc. ("Marzcorp") entered into a binding letter agreement dated March 31, 2010, whereby Tudor proposed to acquire all of the outstanding shares of Marzcorp (the "Acquisition") by way of a reverse take-over. The annual and special meetings have been extended from November 10, 2010, to Thursday, November 18, 2010. The information circular and related meeting materials are being mailed to shareholders on October 28, 2010. Closing of the Acquisition is scheduled to take place in late November, assuming the meeting is held on November 18, 2010, and subject to receipt of stock exchange approval and the closing of a private placement being conducted by Marzcorp. Please see the press releases dated March 31, April 21, July 20, September 9, and September 20, 2010, for additional information.
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
THIS PRESS RELEASE DOES NOT CONSTITUE AN OFFER TO SELL SECURITIES OR A SOLICITATION FOR PURCHASERS TO BUY SECURITIES. THIS PRESS RELEASE IS NOT TO BE CONSTRUED AS A PUBLIC OFFERING IN ANY PROVINCE IN CANADA UNLESS A PROSPECTUS RELATING THERETO HAS BEEN ACCEPTED FOR FILING BY A SECURITIES COMMISSION OR SIMILAR AUTHORITY IN SUCH PROVINCE.
Investors are cautioned that this news release contains forward looking information concerning the timing and completion of the Acquisition and the completion of the Marzcorp Financing. There is a risk that the Marzcorp Financing will not be completed and therefore the Acquisition would not be completed. Readers are cautioned not to place undue reliance on forward-looking information, as no assurances can be given as to the completion of the Acquisition, the Marzcorp Financing or other matters addressed in this news release.
For further information:
Lionel Conn President and Director Phone (403) 250-7225 |
Frank Marzoli President and Director Phone (514) 721-1180 |
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