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Courage Energy Inc. adopts shareholder rights plan.


CALGARY Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial , ALBERTA--(BUSINESS WIRE)--April 28, 1997-- Courage Energy (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. .) Courage Energy Inc. (TSE-CEO) announced today that its board of directors has adopted a Shareholder Rights Plan designed to encourage the fair treatment of shareholders in connection with any take-over bid for the Company. The rights plan, which is effective immediately, will provide the board of directors of the Company and the shareholders more time to fully consider any unsolicited un·so·lic·it·ed  
adj.
Not looked for or requested; unsought: an unsolicited manuscript; unsolicited opinions.


unsolicited
Adjective
 take-over bid for the Company. It will also allow more time for the board of directors to pursue, if appropriate, other alternatives to maximize shareholder value. Shareholders will be asked to confirm the rights plan at the Annual and Special Meeting of the shareholders to be held on June 3, 1997.

The rights plan is similar to plans adopted recently by other Canadian companies This is a list of companies from Canada.
  • See also .
  • To make this page easier to read and edit, Defunct Canadian Companies has been placed on a separate page.


Directory: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Current Companies
. The company is not aware of any pending or threatened take-over bid for the company.

CONTACT: Courage Energy Inc.

Robert G. Moffat, 403/266-4422
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 28, 1997
Words:159
Previous Article:Roseland Resources Ltd. (JCP) announces Major Transaction.
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