MUMBAI (Thomson Financial) - Bankers Petroleum Ltd. said it has received
approval from the British Columbia Supreme Court for its plan of arrangement to
spin out all of its U.S. operations and assets into BNK Petroleum Inc.
BNK Petroleum has been approved for listing and trading on the Toronto Stock
Exchange and on AIM from July 10, the Canadian-based oil and gas exploration and
production company said in a statement.
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