Golden Coast's Special Meeting Held - Overwhelming Shareholder Support For Farm-In Agreement with Red Pine Investments Ltd.
06.12.2013 | The Newswire
Vancouver, Dec. 6, 2013: Golden Coast Energy Corp. ("Golden Coast" or the "Company") held a Special Meeting of Shareholders on November 7, 2013 and is pleased to announce that all resolutions proposed in the information circular were passed. In particular the shareholders overwhelmingly approved a farm-in agreement with Red Pine Investments Ltd. ("Red Pine") whereby the Company has granted Red Pine an option to acquire a 60% interest in certain oil and gas wells held by Golden Coast in Alberta (refer to news releases on August 9, 2013 and October 3, 2013). About Golden Coast
Golden Coast is a junior oil and gas exploration and development company with production operations in the Province of Alberta.
On behalf of the board,
Lorne Hill,
President and Director
Forward-Looking Statements: Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Golden Coast cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Golden Coast's control. Such factors include, among other things: risks and uncertainties relating to Golden Coast's ability to complete the drilling of the Test Well; earn a working interest in the Property and that there will be production from any wells drilled. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Golden Coast undertakes no obligation to publicly update or revise forward-looking information. Neither TSX Venture exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Golden Coast Energy Corp.
650 West Georgia St. Suite 620
Vancouver, British Columbia V6B 4N9
Tel: 604-681-0221
Fax: 604-687-4670
Email: info@sunridge-energy.com
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