November 16, 2016 / 1:22 PM / in a year

BRIEF-Phoenix Canada Oil Company announces new strategic direction

Nov 16 (Reuters) - Phoenix Canada Oil Co Ltd

* Phoenix Canada Oil Company announces new strategic direction

* Phoenix Canada Oil Co currently evaluating acquisition targets that would generate additional shareholder value through purchase of operating assets

* Phoenix Canada Oil Co says formation of a working group of board to evaluate potential operating assets and targets for acquisition

* Phoenix Canada Oil Co says board of directors has concluded that it will cease all further investments in early stage hydrogen production system Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below