Arakis Energy Corp. announces special shareholders meeting.VANCOUVER, BC--(BUSINESS WIRE)--Aug. 3, 1995--Arakis Energy Corp. announces a special shareholders meeting has been called for Aug. 24, 1995 in Vancouver, B.C., at our registered offices. Shareholders will beasked to approve the US$750,000,000 financing agreed to between Arakis and Arab Group International. Furthermore, the Board of Directors will vote to appoint His Royal Highness “HRH” redirects here. For other uses, see HRH (disambiguation). Royal Highness (abbreviation HRH) is a style (His Royal Highness or Her Royal Highness); plural Royal Highnesses (abbreviation TRH, Prince Sultanbin Saud bin Abdullah al-Saud as Chairman of the Board. This special meeting is being called to comply with multi-jurisdictional regulations requiring shareholder approvalwhen issuances of over 20 percent of the outstanding share capitalization of the company, as in the company's agreement with the Arab Group International ("AGI (Artificial General Intelligence) A machine intelligence that resembles that of a human being. Considered impossible by many, most artificial intelligence (AI) research, projects and products deal with specific applications such as industrial robots, playing chess, "). A total of 23,000,000 shares will be issued as the equity portion of the US$750,000,000 project financing Project financing A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis. for the Sudan oil field and pipeline which will deliver an initial 100,000 bbls of oil per day during 1997. The project is scheduled to increase to 150,000 bbls per day in 1998. On Behalf of the Board J. Terry Alexander President CONTACT: Arakis Energy David Harrison David Harrison may refer to:
INDUSTRY KEYWORD: ENERGY REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
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