GUR-tse Gulfstream says the same thing.....
newswire.ca
Gulfstream Resources Canada Limited authorizes CIBC World Markets to examine strategic alternatives to maximize shareholder value
CALGARY, AB, April 15 /CNW/ - Gulfstream Resources Canada Limited (TSE:
GUR) announced today that its Board of Directors has unanimously resolved to
instruct the management of the Corporation and CIBC World Markets Inc., its
financial advisor, to examine strategic alternatives to maximize shareholder
value, including the sale of the Corporation or other forms of business
combinations, the disposition of its major assets or a significant financing.
Gulfstream also announced that its Board of Directors, in conjunction
with its Special Committee and representatives of CIBC World Markets, is in
the process of finalizing a Directors' Circular with respect to the April 2,
2001 offer to purchase Gulfstream shares made by Roc Oil (Middle East) Pty
Limited and expects to mail the completed circular to shareholders in the
immediate future.
Gulfstream is an international oil and gas company with principal
interests in Oman, Qatar and Madagascar. Its core business is the acquisition,
exploration, development, processing, transportation and marketing of crude
oil, natural gas and related products. The common shares of Gulfstream are
listed on The Toronto Stock Exchange under the symbol ("GUR"). |
