Business and Finance Week
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Advantage Oil & Gas Ltd.
Advantage Energy Income Fund Converted Into Advantage Oil & Gas Ltd.
July 25th, 2009
Advantage Oil & Gas Ltd. ("AOG" or the "Corporation") (AAV - TSX, AAV - NYSE) announced that it has completed the previously announced plan of arrangement (the "Arrangement") involving AOG and Advantage Energy Income Fund (the "Fund"), pursuant to which, the Fund converted into the Corporation.
Unitholders of the Fund voted 91.64% in favour of the Arrangement at the annual general and special meeting of Fund unitholders held earlier in the day. In accordance with the terms of the Arrangement, former unitholders of the Fund who have or will complete the letter of transmittal provided to such unitholders will receive common shares of AOG on a one-for-one basis. In addition,...
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Source: Business and Finance Week (2009-07-25)