Manitok Energy Inc. acquires Corinthian Oil Corp.

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.


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