Zoltav Resources: Board Changes and Bandbear Joins
Zoltav Resources the CIS-focused oil and gas exploration and production company, announces that, at the Annual General Meeting (“AGM”) of the Company held today, all resolutions proposed were duly passed on a poll, with the exception of Resolution 2, to re-elect Symon Drake-Brockman as a director of the Company, which …
Zoltav Resources: Completes Bortovoy License Acquisition
On 16 December 2013 Zoltav, the CIS-focused oil and gas company, announced that it had entered into a conditional agreement with Bandbear Limited (“Bandbear”) to acquire the entire issued share capital of Royal Atlantic Energy (Cyprus) Limited (“Royal Atlantic Energy”) for a total consideration of US$180 million (the “Acquisition”). The …