PRD Energy Completes Strategic Review
June 27, 2016 at 09:30 am IST
PRD Energy Inc. (TSXV:PRD) completed the strategic review process and is planning to dissolve the company. PRD Energy announced that its Board of Directors have concluded its review of the company's strategic alternatives process and determined that an orderly liquidation and dissolution of the company is the best alternative for maximizing shareholder value. Effective immediately, the company will cease to carry on business except as may be required to wind up the business and affairs of PRD.