Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/savannah-petroleum-suspends-trading-on-aim-due-to-.shtmlSavannah Petroleum suspends trading on AIM due to potential reverse takeover
At the request of the Company, Savannah's ordinary shares have been suspended from trading on AIM with effect from 7.30 a.m. Monday morning.
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At the request of the Company, Savannah's ordinary shares have been suspended from trading on AIM with effect from 7.30 a.m. Monday morning.
The Company has entered into non-binding heads of terms regarding a potential transaction which, if completed on the currently proposed terms, would be classified as a reverse takeover under the AIM Rules for Companies.
