BUENOS AIRES, Argentina, Nov. 14, 2014 /CNW/ - LAIG Oil Investments, a subsidiary of LAIG, (collectively, "LAIG") today announced that it has requisitioned a meeting of the shareholders of Crown Point Energy Inc. pursuant to section 142 of the Business Corporations Act (Alberta) to remove five of the existing members of the board of directors, reduce the size of the board to five directors and elect three new directors to the board (the "Requisition"). LAIG has requested that the requisitioned meeting occur by no later than January 12, 2015.
This press release is for information only. Detailed information on the nominees of LAIG and the purpose and history leading up to the Requisition will be provided in the information circular of LAIG and/or other public disclosure, which will be filed on SEDAR prior to the requisitioned shareholders' meeting.
SOURCE: LAIG Oil Investments