Mr. Richard Clark reports
TSX TO DE-LIST RB ENERGY SHARES AS A RESULT OF THE COMPANY HAVING FILED FOR CREDITOR PROTECTION
RB Energy Inc. has been advised by the Toronto Stock Exchange that it will delist the company's common shares effective at the close of business on Nov. 24, 2014, for failure to meet the continued listing requirements of the TSX. The company's common shares will remain suspended from trading until that time.
The company is currently subject to creditor protection under the provisions of the Companies' Creditors Arrangement Act and is pursuing all options to restructure its affairs. This process is expected to span a period of a few months. While there is no assurance that the company will be successful in restructuring its affairs, if these efforts are successful and the company emerges from creditor protection it will then consider relisting its common shares on the TSX or another exchange.
We seek Safe Harbor.
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