CALGARY, June 2, 2017 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard" or the "Company") (TSX:NBZ) is pleased to propose a name change to Cona Resources Ltd.
On May 11, 2017, Waterous Energy Fund, through its affiliates, completed the acquisition of approximately 67% of the outstanding common shares of Northern Blizzard from its former private equity shareholders.
Shareholders will be asked to consider and approve the name change of the Company to Cona Resources Ltd. at a special meeting held for this purpose on July 12, 2017. Meeting materials will be distributed to shareholders later this month and will be available at www.northernblizzard.com or at www.sedar.com.
Northern Blizzard is a Canadian crude oil production and development company focused on maximizing oil recovery from its large-scale oil resource base. The corporation's operations, infrastructure and concentrated land position are focused in southwest Saskatchewan. Northern Blizzard's common shares trade on the Toronto Stock Exchange under the symbol NBZ.
SOURCE Northern Blizzard Resources Inc.
For further information: please visit our website at www.northernblizzard.com or contact: Northern Blizzard Resources Inc., Telephone: 403-930-3000; John Rooney, Chairman & Chief Executive Officer; Michael Makinson, Vice President, Finance & Chief Financial Officer