Norex and Tesla Announce Merger to Create a New Internationally Focused ...

CALGARY, ALBERTA--(Marketwire - Jan. 11, 2010) - Norex Exploration Services Inc. (TSX:NRX) ("Norex" or the "Company") and Tesla Exploration Ltd. ("Tesla"), a private company headquartered in Calgary, Alberta, announced today that they have entered into a definitive agreement (the "Agreement") to combine their businesses through a share exchange transaction under which Tesla shareholders will exchange each common share held, on an exempt take-over bid basis, for 8.4333 common shares of Norex (the "Combination"). The Combination will create an internationally focused, financially strong, geophysical services company that will capitalize on the existing strong fundamentals for global oil and natural gas development.

Shareholders representing in excess of 90% of the outstanding common shares of Tesla, and shareholders representing 64% of the outstanding common shares of Norex, have signed lock up agreements in support of the Combination. The proposed Combination is subject to customary

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Debt Relief - Busby and Associates - Houston, Texas

Are you in debt? You are not alone. The firm of Busby and Associates can help you with your debt problem. We offer no cost consultations and work ...

Houston Debt Consolidation - News


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More details needed on post office closure


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