BRIEF-Bankers Petroleum announces shareholder approval of proposed arrangement

Tue May 31, 2016 7:57pm EDT
 
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May 31 (Reuters) - Bankers Petroleum Ltd :

* Bankers petroleum announces shareholder approval of proposed arrangement

* Geo-Jade will acquire shares of bankers through its affiliates at cash price of C$2.20 per co's share

* Has received approval of bankers' shareholders for proposed plan of arrangement with affiliates of Geo-Jade Petroleum Corp

* Anticipates closing of arrangement to occur in late June or early July

Source text for Eikon:

Further company coverage: (Bengaluru Newsroom)