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Grizzly Resources Ltd. & Ironhorse Oil & Gas Inc. |
Bids Due: June 16, 2011 |
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Contact: 403-299-8453
403-299-8455 |
Introduction Letter | Foreword & Disclaimer | Shackleton
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FOREWARD & DISCLAIMER
GRIZZLY RESOURCES LTD.
Grizzly Resources Ltd. (“Grizzly”) is a private company engaged in the exploration, development and production of oil and gas assets in Western Canada. It was incorporated in Alberta in April 2002 and has been active in the oil and gas industry since June 2003. Grizzly shares common management and technical staff with Ironhorse Oil & Gas Inc. and is operator of the Shackleton property. |
IRONHORSE OIL & GAS INC.
Ironhorse Oil & Gas Inc. (“Ironhorse”) is a public oil and gas company with production in Alberta and Saskatchewan and has been active in the oil and gas industry since 2003. Ironhorse trades on the TSX Venture Exchange under the symbol“IOG”. |
DISCLAIMER
The sale process will be managed in accordance with procedures that will be established and communicated to Interested Parties from time to time. The Companies and RBC expressly reserve the right at any time, with or without providing notice or reasons, to: (i) amend or terminate the sale process; (ii) decline to permit any Interested Party to participate in the sale process; (iii) terminate discussionswith any or all Interested Parties; (iv) reject any or all offers; (v) accept an offer other than the highest cash offer; (vi) negotiate with one or more Interested Parties with respect to a transaction; (vii) pursue other value maximizing alternatives; or (viii) limit access at any time to any additional information; all without any liability to the Companies or RBC. In addition, the Companies and RBC reserve the right to amend any information, which has been made available to Interested Parties either by way of addition, deletion or amendment.

