WESTERNZAGROS RESOURCES LTD. ("WZR")
BULLETIN TYPE: Delist-Offer to Purchase
BULLETIN DATE: July 27, 2017
TSX Venture Tier 2 Company
The TSX Venture Exchange has accepted documentation pursuant to an arrangement agreement dated May 12, 2017 (the "Arrangement Agreement") between the Company, Crest Energy International LLC and WZG Acquisition Ltd. ("Crest AcquireCo"). Under the terms of the Arrangement Agreement, Crest AcquireCo will acquire all of the outstanding Class A preferred shares, Series 1, of the company and all of the outstanding common shares of the Company for $0.28 per share in cash. The transaction is to be completed by way of a plan of arrangement under the Business Corporations Act (Alberta) by way of a plan of arrangement (the "Arrangement").
Effective at the close of business Thursday, July 27, 2017, the common shares of the Company will be delisted from TSX Venture Exchange. For further information please refer to the Company's information circular posted on SEDAR June 9, 2017 and the company's news releases dated May 12, 2017, June 7, 2017 July 6, 2017 and July 25, 2017.
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