Tuesday, July 21, 2009

Petrosibir Merging With Shelton Canada

Petrosibir AB, a Swedish oil exploration company, is merging with Shelton Canada Corp. (TSXV:STO). The combined company will be owned 60% by Petrosibir shareholders and 40% by Shelton Canada shareholders. Petrosibir's shares are traded on the NGM stock market.

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