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Article: InterOil Corporation Adopts Shareholder Rights Plan
- Article from:
- CCNMatthews Newswire
- Article date:
- June 1, 2007
CopyrightCopyright 2007 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(CCNMatthews - June 1, 2007) - InterOil
Corporation (TSX:IOL)(AMEX:IOC)(POMSoX:IOC) today announced that it
has entered into a Shareholder Rights Plan Agreement with
Computershare Investor Services Inc. as Rights Agent establishing a
Shareholder Rights Plan ("the Rights Plan"). The Toronto Stock
Exchange has accepted notice of the Plan, subject to among other
things, InterOil obtaining shareholder ratification of the Rights
Plan within six months from the date of the Shareholder Rights Plan
Agreement.
The Rights Plan will be presented to shareholders at the annual
and special meeting scheduled for June 25, 2007. The Shareholder
Rights Plan is not being recommended in ...