CDN. Oil/Gas Cos. - Shareholder Maximization Message Board

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Gold/Mining/Energy : CDN. Oil/Gas Cos. - Shareholder Maximization

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To: Richard Saunders who started this subject	3/17/2001 9:29:08 PM
From: Richard Saunders	Read Replies (1) of 56

MXP Maxx fin-info.com 2001-02-20 (provided courtesy of CCN Disclosure .) register to receive future releases by email from CCN Maxx Petroleum Ltd. Retains Financial Advisors CALGARY, ALBERTA--Maxx Petroleum Ltd. announced today it has retained Griffiths McBurney of Calgary, Alberta as financial advisors to the Special Committee of the Board of Directors, to assist it in reviewing various alternatives to maximize value for Maxx's shareholders. In arriving at this decision, the Board of Directors feels that the current market price for Maxx's shares does not reflect the underlying value of the Company's assets and future prospects. As part of the process, the Special Committee will review all of the alternatives that would result in maximizing the value for Maxx shareholders. The alternatives could include the outright sale of the Company, merger with another company, a sale of part or all of the assets of the Company or the conversion of the Company to a royalty trust.

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