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For immediate release | 25 June 2013 |
Resaca Exploitation, Inc.
("Resaca" or "the Company")
Result of Special Meeting
Further to the announcement made on 30 May 2013, Resaca announces that all resolutions proposed at the Special Meeting today were duly passed and accordingly the disposal of substantially all of the Company's assets to Legacy Reserves will proceed as outlined in the circular sent to Shareholders. Therefore, cancellation of admission of the Company's depositary interests to trading on AIM will occur on 5 July 2013 and the Company expects thereafter to embark on a voluntary liquidation process culminating in a distribution to Shareholders and the winding up of the Company. The Company will provide regular updates via the Regulatory News Service in relation to this process.
For further information please contact:
Resaca Exploitation, Inc. | |
J.P. Bryan, Chairman and Chief Executive Officer | +1 713-753-1300 |
John J. ("Jay") Lendrum, III, Vice Chairman | +1 713-753-1400 |
Phillip R. Smith, Vice President and Chief Financial Officer | +1 713-753-1335 |
David Love, Vice President and Treasurer | +1 713-756-1755 |
Buchanan (Investor Relations) | +44 (0)20 7466 5000 |
Tim Thompson Ben Romney www.buchanan.uk.com | |
finnCap Limited (Nomad and Broker) | +44 (0) 20 7220 0500 |
Matt Goode, Corporate Finance Christopher Raggett, Corporate Finance Victoria Bates, Corporate Broking |
This information is provided by RNS
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