Sahara Energy Ltd. Announces Adjournment of Annual General Meeting
15 July 2014 - 3:25AM
Marketwired Canada
Sahara Energy Ltd. (TSX VENTURE:SAH) (Sahara) announces that it has adjourned
the annual general meeting of shareholders (the Meeting) scheduled to take place
today, July 14, 2014 and that the Meeting will be reconvened on August 12, 2014.
The Meeting was called to consider annual matters and to elect the directors
nominated by JF Investment (Hong Kong) Co., Limited (JF Investment).
As previously announced in the press release dated May 14, 2014, JF Investment
is entitled to nominate six directors pursuant to the terms of the private
placements of common shares in the capital of Sahara to JF Investment, for
aggregate proceeds of $16.2 million. Sahara and JF Investment have not closed on
the private placements which are pending regulatory approvals.
Forward Looking Information: This news release contains forward looking
statements related to the annual general meeting and the private placement.
These statements are based on current expectations that involve a number of
risks and uncertainties which could cause actual results to differ from those
anticipated.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Sahara Energy Ltd.
Martin Feng, President and CEO
(403) 237-5411
martin@saharaenergy.ca
Sahara Energy Ltd.
Gary Chang, Chief Financial Officer
(403) 456-7259
gary@saharaenergy.ca
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