Emerald Bay Announces Results of Special Meeting of Shareholders
Back to Newsroom
Mentioned in this Article

Emerald Bay Announces Results of Special Meeting of Shareholders

Monday, March 2, 2020 4:10 PM
Share this article now
Company Update
Emerald Bay Energy Inc.

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / March 2, 2020 / Emerald Bay Energy Inc. (TSXV:EBY)(OTC:EMBYF) (the "Corporation", the "Company" or "Emerald Bay") today announced that at its special meeting of the Company's shareholders held on February 28, 2020 (the "Special Meeting") the shareholders approved, via special resolutions, the following: (i) the consolidation of the issued and outstanding Common Shares of the Corporation on a "1 new for 15 old" basis (the "Consolidation"); and (ii) changing the Corporation's name to "Nexera Energy Inc." (the "Name Change").

The Corporation is currently coordinating the timing for the implementation of the Consolidation and Name Change (management of the Corporation anticipates it to occur in the next 5 to 10 business days). As of the today's date, there are 354,103,367 Common Shares issued and outstanding. There will be, post-Consolidation, approximately 23,606,891 Common Shares issued and outstanding.

About Emerald Bay

Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) is an energy company with oil producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. EBY is the operator of the Wooden Horse and Nash Creek Projects in Guadalupe, Texas, where the Company currently owns a 50.00% working interest those projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.

For all upcoming news releases, articles, comments and questions, to stay updated and speak with management about Emerald Bay Energy. Please JOIN our Investor Information Group at:

For further information, please contact:

Emerald Bay President, Shelby D. Beattie, or CFO, Mike Rice, by telephone at (403) 262-6000
Email: [email protected]

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.

SOURCE: Emerald Bay Energy Inc.

Back to Newsroom
Copyright 2021 © ACCESSWIRE. All rights reserved. Privacy Policy  |   Terms and Conditions