RockBridge Resources Signs Strategic Alliance Agreement with Crimson

By Staff,

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RockBridge Resources Inc. (RBE.V) has signed a strategic alliance agreement ( SAA ) with Crimson Energy Ltd., a private oil and gas company of Calgary, Alberta.

The company and Crimson have agreed to cancel their previous agreement that contemplated their proposed merger, and instead make efforts in the near future to effect a business combination of the companies when financial markets are improved.

Under the SAA, the 2 companies will continue to work together on existing and new possible projects of interest including in the Violet Grove area of Alberta.

RBE was last trading at 5 cents per share.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: SAA

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