Manitok Energy Inc. acquires Corinthian Oil Corp.

1 minute read
20 September 2017

On September 20, 2017, Manitok Energy Inc. ("Manitok") (TSXV: MEI) announced that it had completed its previously announced three-cornered amalgamation pursuant to an amalgamation agreement among Manitok, Corinthian Oil Corp. ("Corinthian") and 2065718 Alberta Inc. ("Acquireco"), a wholly owned subsidiary of Manitok.

Under the transaction, Manitok acquired through Acquireco, all of the issued and outstanding common shares of Corinthian in exchange for common shares of Manitok. Acquireco and Corinthian amalgamated under the name "Corinthian Oil Corp." pursuant to the provisions of the Business Corporations Act (Alberta) and will operate as a wholly owned subsidiary of Manitok.

Manitok is a public oil and gas exploration and development company focusing on Lithic Glauconitic light oil in southeast Alberta and Cardium light oil in west central Alberta.

Gowling WLG advised Manitok in this transaction with a team that included Greg Peterson, Frank Sur, Melanie Condic and Christina Grimes.


NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.