InPlay and Prairie Storm Announce Court and Shareholder Approval of Arrangement, Prairie Storm Q3 2021 Disclosure Filings

CALGARY, Alberta, Nov. 29, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (“InPlay“) (TSX:IPO) and Prairie Storm Resources Corp. (TSXV: PSEC) (“Prairie Storm” or the “Corporation“) are pleased to announce that the Court of Queen’s Bench of Alberta (the “Court“) has granted a final order approving the previously announced plan of arrangement (the “Arrangement“) involving, among others, Prairie Storm, InPlay and the holders (the “Shareholders“) of common shares of Prairie Storm (“Prairie Storm Shares“). Pursuant to the Arrangement, InPlay will acquire all of the issued and outstanding Prairie Storm Shares in exchange for 0.0524 of a common share of InPlay and $0.2514 in cash for each outstanding Prairie Storm Share. Read More