- 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
![[Oil and Gas] Mart Resources Denies It Hasn’t Sold Out](https://i2.wp.com/nairametrics.com/wp-content/uploads/2015/10/GoogleMMT_from_the_site.png?fit=705%2C169&ssl=1)
