Petrostar Announces Results of AGM
June 30 2014 - 3:38PM
Access Wire
Nanton, AB / ACCESSWIRE / June
30, 2014 / Petrostar Petroleum Corporation
(TSX-Venture: PEP; "Petrostar" or "the Company") held
its Annual General Meeting on June 25th, 2014 in the boardroom at
Lot #26 82nd Street, Aldersyde, AB. at 1:00 PM. The meeting was
called to order with a substantial quorum achieved.
Company CEO, Mackenzie Loree
Chaired the meeting, Bruce Scafe, company director acted as
Recording Secretary and also acted as scrutineer for the
meeting.
The Minutes from the previous
AGM held on June 26, 2013 in Vancouver, BC. were adopted
as read, as were the 2013 Audited Annual Financial
Statements and MD&A.
All resolutions contained in
the Company's Proxy Form including the Non Arms Length acquisition
of 100% of the shares of Lomac Canada Ltd were passed by
overwhelming majority of the shares represented.
A short question and answer
period from the floor was held with shareholders. The meeting
was Adjourned at 1:30 PM
After the meeting was
adjourned Mr. Loree gave all in attendance a tour of the facility,
including the Tank Farm and Research Lab explaining the equipment
and outlining the company's plan for use. A short reception
followed.
About
Petrostar Petroleum Corp.
Petrostar is a Tier 2 Canadian-based oil and
gas exploration company trading on the TSX Venture Exchange with
property assets in both Alberta and Saskatchewan.
For further information, please contact:
Bruce Scafe, IR and Communications
Officer
1-877-737-8864 or bscafe@petrostarpetroleum.com
Alternate Contact.
Mackenzie Loree, CEO
1-403-861-6779 or mloree@petrostarpetroleum.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
FORWARD LOOKING
INFORMATION
Certain information in this news release is
forward-looking within the meaning of certain securities laws, and
is subject to important risks, uncertainties and assumptions. This
forward-looking information includes, among other things,
information with respect to the Company's beliefs, plans,
expectations, anticipations, estimates and intentions. The words
"may", "could", "should", "would", "suspect", "outlook", "believe",
"anticipate", "estimate", "expect", "intend", "plan", "target" and
similar words and expressions are used to identify forward-looking
information. The forward-looking information in this news release
describes the Company's expectations as of the date of this news
release. The results or events anticipated or predicted in such
forward-looking information may differ materially from actual
results or events. Material factors which could cause actual
results or events to differ materially from a conclusion, forecast
or projection in such forward-looking information include, among
others, risks arising from general economic conditions and adverse
industry events.
When relying on forward-looking
information to make decisions, investors and others should
carefully consider the foregoing factors and other uncertainties
and potential events. The Company has assumed that the material
factors referred to in the previous paragraph will not cause such
forward-looking information to differ materially from actual
results or events. However, the list of these factors is not
exhaustive and is subject to change and there can be no assurance
that such assumptions will reflect the actual outcome of such items
or factors.
THE FORWARD-LOOKING INFORMATION
CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE
COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS
SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE
IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT
RELY UPON THIS INFORMATION AS OF ANY
OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE
TO UPDATE THIS INFORMATION ON AT ANY PARTICULAR
TIME.
SOURCE: Petrostar Petroleum
Corporation
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