[Oil and Gas] Mart Resources Denies It Hasn't Sold Out

Mart Resources issued a statement in response to recent reports contained in the Nigerian press that it had entered into an agreement to sell the company.
Mart refuted the reports saying it had not entered into a definitive agreement or transaction regarding a sale of the company to Midwestern Oil & Gas or any other party.
In the statement Mart said that the report has been removed from the Nigerian news agency’s website as it is completely without merit and should be totally disregarded.
As previously announced, the company continues to examine and consider strategic alternatives available to it to maximize shareholder value and confirms that Mart is not currently in discussions with Midwestern regarding a potential sale.
Any future strategic alternatives transaction will be subject to applicable regulatory, stock exchange and Mart shareholder approval.

[Oil and Gas] Mart Resources Denies It Hasn’t Sold Out

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