Peterson & Co acts for Energulf Resources Inc. as it Completes Acquisition of Columbus Copper Corp. by Plan of Arrangement
On October 1, 2015, EnerGulf Resources Inc. (“EnerGulf”), completed the acquisition of Columbus Copper Corp. by plan of arrangement. EnerGulf is a publicly traded international oil and gas exploration company focused on the world’s most prospective hydrocarbon regions. Columbus Copper has rights to acquire onshore hydrocarbon license Block 8 ( “Block 8”) in Albania. EnerGulf acquired all of the outstanding shares of Columbus Copper in exchange for one Columbus Copper share for 0.4937 EnerGulf common shares.
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