Prairie Storm Resources Corp. (TSXV: PSEC) ("Prairie Storm" or the "Company") is pleased to announce that holders ("Shareholders") of common shares of the Company ("Common Shares") approved all matters voted upon at the Company's annual general and special meeting of Shareholders held earlier today (the "Meeting"). Detailed information regarding each of the matters voted upon at the Meeting is provided in the Company's management information circular dated May 7, 2021 (the "Circular"), which is
Prairie Storm Resources Corp. (formerly Quendale Capital Corp.) Announces Completion of Qualifying Transaction
Quendale or the
Transaction ) with Prairie Storm Energy Corp. (
Prairie Storm ), which resulted in the reverse take-over of the Company by the former shareholders of Prairie Storm (the
Prairie Storm Shareholders ) and which constituted the Company s
Qualifying Transaction , as such term is defined in Policy 2.4 (the
CPC Policy ) of the TSX Venture Exchange (the
TSXV ).
The Transaction was completed by way of a three-cornered amalgamation pursuant to a previously announced amalgamation agreement dated November 16, 2020 (the
Amalgamation Agreement ) among the Company, Prairie Storm and 2291479 Alberta Ltd., a wholly owned subsidiary of the Company (