Grove Energy Limited - Reminder of the Extraordinary Shareholders' Meeting

    VANCOUVER, April 11 /CNW/ - Grove Energy Limited ("Grove") (TSX-V & AIM:
GRV), would like to remind shareholders about the Extraordinary Meeting of
Shareholders and Optionholders to be held at 10:00 am on April 18, 2007 at The
Renaissance Vancouver Hotel Harbourside, 1133 West Hastings Street, Vancouver.
    At the meeting Grove shareholders will be asked to consider and vote upon
an arrangement under the Business Corporations Act (British Columbia)
involving Grove and Stratic Energy Corporation ("Stratic"). Under the
arrangement Grove shareholders will be entitled to receive 0.61879 of a voting
common share of Stratic in exchange for each Grove common share held. Each
Grove shareholder should have received a Notice and Information Circular for
the Extraordinary Meeting of Shareholders And Optionholders dated March 16,
2007 ("Information Circular"), which sets out the details of the arrangement
and includes the unanimous recommendation, of the directors of the Company,
that the arrangement be approved. In addition to the Information Circular,
shareholders will have received voting instructions and a form of proxy to
allow for voting in the event that a shareholder cannot attend the meeting in
    Immediately after the extraordinary meeting, Grove is pleased to host a
presentation by Mr. Kevin Watts, CEO of Stratic, which will be informative and
provide shareholders a chance to meet Mr. Watts and Mr. Mark Bisland, CFO of
    If, as a shareholder of the Company, you have not received the
Information Circular, voting instructions and form of proxy or if you have any
questions about the voting procedure, please contact Ms. Alex Gomez at
+1 604 669 2099 or
    In order for your vote to be counted it must be completed, in accordance
with the instructions, and received by Grove's transfer agent, Pacific
Corporate Trust Company, 510 Burrard Street, 3rd Floor, Vancouver, V6C 3B9 (or
by fax at +1 604 689 8144) by the close of business (Vancouver time) on April
16, 2007.
    It is important for Grove shareholders to exercise their voting right,
either at the Extraordinary Meeting or by proxy, in respect of the arrangement
(or their dissent right under law) and the directors of the Company urge you
to do so.


    Per "Anthony Hawkshaw"

    Some of the statements contained in this release are forward-looking
statements. Forward looking statements include but are not limited to,
statements concerning estimates of recoverable hydrocarbons, expected
hydrocarbon prices, expected costs, statements relating to the continued
advancement of the Company's projects and other statements which are not
historical facts. When used in this document, and in other published
information of the Company, the words such as "could," "estimate," "expect,"
"intend," "may," "potential," "should," and similar expressions are
forward-looking statements. Although the Company believes that its
expectations reflected in the forward-looking statements are reasonable, such
statements involve risk and uncertainties and no assurance can be given that
actual results will be consistent with these forward-looking statements.
Various factors could cause actual results to differ from these
forward-looking statements including the potential for the Company's projects
to experience technical or mechanical problems, geological conditions in the
reservoir may not result in a commercial level of oil and gas production,
changes in product prices and other risks not anticipated by the Company or
disclosed in the Company's published material. Since forward-looking
statements address future events and conditions, by their very nature, they
involve inherent risks and uncertainties.

    Neither the TSX Venture Exchange nor the AIM Market operated by London
    Stock Exchange plc approves nor disapproves of the information contained

    The information contained herein does not constitute an offer of
    securities for sale in the United States, United Kingdom, Canada, Japan
    or Australia.

For further information:

For further information: Glenn Whiddon, Chairman, Web:, E-Mail:, Tel: (604) 669-2099, Fax:
(604) 943-3716; Dr. Wolfgang Zimmer, President, Web:,
E-Mail:, Tel: +44 (0) 207 290 8280, Fax: +44 (0) 207
491 0138; Rory Murphy, Strand Partners Limited, Tel: +44 (0) 207 409 3494; 
Paul Newman, Westwind Partners (UK) Limited, Tel: +44 (0) 207 290 9713; Peter
Krens, Mirabaud Securities Limited, Tel: +44 (0) 207 878 3362; Stratic: Kevin
Watts, President and Chief Executive Officer, Web:, Tel:
+44 20 7016 6421, Fax: +44 20 7495 8544

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890