Circumpacific Energy Corporation (TSX VENTURE:CER) ("Circumpacific" or the
"Company") is pleased to announce that holder's of the Company's common shares
have voted 98.6% in favour of a previously-announced plan of arrangement under
the Business Corporations Act (British Columbia) (the "Arrangement") at its
annual general and special meeting of shareholders held on November 10, 2010.
Upon completion of the Arrangement, WPC 2010 Acquisition Corp., a wholly-owned
subsidiary of Western Petroleum Commodities Inc., will acquire all of the issued
and outstanding common shares of Circumpacific for cash consideration of $0.18
per share. Shareholders of the Company also voted in favour of re-electing the
current board of directors and re-appointing Deloitte & Touche LLP as the
auditors of the Company for the ensuring year.


Completion of the Arrangement remains subject to a number of closing conditions,
including final approval by the Supreme Court of British Columbia. Circumpacific
will apply for a final order approving the Arrangement on November 16, 2010 and
expects to complete the Arrangement shortly thereafter. Further information
regarding the Arrangement can be found in the Company's management information
circular dated October 15, 2010, which has been filed with Canadian securities
regulators at www.sedar.com.


Information About Circumpacific

Circumpacific is a junior oil and gas company engaged in the acquisition,
development, exploration and exploitation of petroleum and natural gas
properties in Western Canada and SW Queensland, Australia. For additional
information on the Company, visit www.circumpacific.com.


Forward-Looking Information

This press release contains "forward-looking information" within the meaning of
applicable securities laws. This forward-looking information includes, but is
not limited to, the expectations of Circumpacific with respect to the
satisfaction of the conditions to complete the Arrangement. Readers are
cautioned to not place undue reliance on forward-looking information. There are
a number of factors that could cause actual results and developments to differ
materially from those contemplated by this information including, among other
things, the risk that the closing conditions to completion of the Arrangement
will not be satisfied.


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