RB Energy Inc. reports that the Court has appointed a receiver and provides a final update on the status of the Court approved sale and investor solicitation process and proceedings under the Companies' Creditors Arrangement Act. During the CCAA proceedings, corporate activities and Québec Lithium care and maintenance operations have been [...]
RB Energy Inc. provides an update on the status of the Court approved sale and investor solicitation process. No "Qualified Offers" were received by the SISP deadline of March 27, 2015. The Company has developed an alternative course of action to attempt to obtain value for its stakeholders prior to the maturity date of the US $13 million [...]
RB Energy Inc. would like to provide an update on the Court approved sale and investor solicitation process. CCAA proceedings On October 14, 2014, following consultations with legal and financial advisors, the Company applied for and obtained an Initial Order to commence proceedings under the Companies' Creditors Arrangement Act in the Québec Superior Court in respect of the Company and its Canadian subsidiaries. The Court granted an initial stay of creditor proceedings to November 13, 2014, which was subsequently extended to April 30, 2015. During the CCAA... [...]
RB Energy Inc. reports financial and operating results for the three and nine months ended September 30, 2014. The consolidated financial statements together with Management's Discussion and Analysis will be available on the Company's web site and on SEDAR. THIRD QUARTER HIGHLIGHTS Going concern and CCAA proceedings In the early part of Q3 2014 the [...]
TORONTO, Oct. 23, 2014 /CNW/ - DELISTING REVIEW RB Energy Inc. (the "Company") – Further to TSX Bulletin 2014-1101 dated October 14, 2014, TSX has determined to delist the common shares (Symbol: RBI) of the Company at the close of business on November 24, 2014 for failure to meet the continued listing requirements of TSX. The common shares will [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 22, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX:RBI)(OTCQX:RBEIF) has been advised by the Toronto Stock Exchange (the "TSX") that it will de-list the Company's common shares effective at the close of business on November 24, 2014 for failure to meet the continued listing requirements of the [...]
VANCOUVER, CANADA--(Marketwired - Oct 15, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX:RBI)(OTCQX:RBEIF) announces that the Quebec Superior Court has issued an Amended and Restated Initial Order in respect of the Company and certain of its subsidiaries under the Companies' Creditors Arrangement Act (the "CCAA"). The Company is now under the [...]
VANCOUVER, CANADA--(Marketwired - Oct 14, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX:RBI)(OTCQX:RBEIF) announces that the hearing of the Motion for an Order under the CCAA will resume tomorrow, October 15, 2014, in the Quebec Superior Court. In the interim, the Quebec Superior Court has issued a Limited Initial Order under the Companies [...]
TORONTO, Oct. 14, 2014 /CNW/ - RB Energy Inc. (the "Company") – Further to Bulletin #2014-1011 dated September 16, 2014 TSX is now reviewing the common shares (Symbol: RBI) of the Company with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process. The common shares are suspended from trading immediately [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 13, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX:RBI) (OTCQX:RBEIF) announces that, in light of the Company's current financial situation, to facilitate an orderly restructuring of its business and operations, the Board of Directors of the Company has approved a filing on Tuesday, October 14 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 8, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX:RBI)(OTCQX:RBEIF) reports that, further to its press release dated October 3, 2014, the Company has not secured the funding required to maintain current operations. As a result, and in an effort to curtail costs, the Company has halted [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 3, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX:RBI)(OTCQX:RBEIF) reports that the proposed offering of secured convertible debentures to be conducted on a best efforts basis (the "Offering") (News Release dated September 15, 2014) has not yet been completed due to difficult market conditions [...]
