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CALGARY, AB, Nov. 12, 2024 /CNW/ - (TSX: RBY) – Rubellite Energy Corp. ("Rubellite" or the "Company"), is pleased to report its third quarter 2024 financial and operating results.
Select financial and operational information is outlined below and should be read in conjunction with Rubellite's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2024, which are available through the Company's website at www.rubelliteenergy.com and Sedar+ at www.sedarplus.ca.
CALGARY, AB, Oct. 31, 2024 /CNW/ - Rubellite Energy Inc. (TSX: RBY) ("Rubellite") and Perpetual Energy Inc. (TSX:PMT) ("Perpetual") are pleased to jointly announce that today they have completed their previously announced strategic recombination transaction (the "Recombination") creating "Rubellite Energy Corp.". With increased size, scale, greater financial liquidity, enhanced flexibility and operations carried on by its subsidiaries, Rubellite Energy Corp. will be well positioned to execute on the development of its high-quality drilling inventory with significant optionality to realize the value of the combined assets through its growth-focused business plan.
CALGARY, AB, Oct. 29, 2024 /CNW/ - Rubellite Energy Inc. (TSX: RBY) ("Rubellite") and Perpetual Energy Inc. (TSX: PMT) ("Perpetual") are pleased to jointly announce that today they have obtained the necessary shareholder approvals to proceed with their previously announced strategic recombination transaction under the Business Corporations Act (Alberta) (the "Recombination").
The shareholders of each of Rubellite and Perpetual overwhelmingly approved the Recombination, with 99.9% of the total votes cast and 99.8% of the votes cast under the minority approval requirements being in favor of the Recombination at the Rubellite special shareholder meeting and 99.5% of the total votes cast and 98.7% of the votes cast under the minority approval requirements being in favor of the Recombination at the Perpetual special meeting. Rubellite shareholders also elected an additional three directors, Linda A. Dietsche, Geoffrey C. Merritt and Steven L. Spence, to the board of directors of Rubellite, conditional on the Recombination being completed. The percentages of votes for and withheld from voting were 99.9% and 0.1%, respectively, for each of the nominees.