Verenex and Libyan Investment Authority enter into agreement

Posted on 09/18/2009


The press release states, “Verenex Energy Inc. (“Verenex”)and the Libyan Investment Authority (the “LIA”) jointly announced today they have entered into a binding memorandum of understanding (“MOU”) respecting the sale of all of the issued and outstanding shares of Verenex (on a fully-diluted basis) to the LIA at a price of $7.09 per share in […]