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RockBridge Resources Updates on its Merger with Crimson Energy
Jul. 12, 2012 07:45PM PST
Resource Investing News RockBridge Resources Inc. (TSXV:RBE) provided update on its merger with Crimson Energy Ltd.
RockBridge Resources Inc. (TSXV:RBE) provided update on its merger with Crimson Energy Ltd.
As quoted in the press release:
RockBridge has entered into Lock-up Agreements with directors and officers of Crimson and related parties, who have agreed, subject to certain standard exceptions, to vote their shares in favour of the Transaction. A total of 3,774,970 Crimson Shares, or approximately 71.3% of the Crimson Shares, together with all outstanding Crimson options, are subject to the Lock-up Agreements.
Click here to read the RockBridge Resources Inc. (TSXV:RBE) press release.