BRIEF-Exito Energy II INC says management to resign

Fri Jun 3, 2016 4:23pm EDT
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June 3 (Reuters) - Exito Energy II Inc

* All of issued and outstanding common shares of exito shall be consolidated on a 2-for-1 basis

* Current management of corporation shall resign and Andrew Osis and Kevin Spall shall be appointed as co-ceo's

* Exito Energy II Inc Enters into letter of intent to acquire private equity investments and make certain management changes for its qualifying transaction Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)