CALGARY, Sept. 17, 2013 /CNW/ - (TSXV: ROZ) -
Rodinia Oil Corp. ("Rodinia") announces that it has received court
approval to extend the time to hold it next annual general meeting
("AGM") of shareholders to no later than March 31, 2014. Rodinia's last AGM was held on
November 10, 2011.
Rodinia plans to hold its next AGM in
conjunction with concluding its strategic review process. However,
to-date Rodinia has been unable to raise additional capital or
complete a transaction through its strategic review process and as
such Rodinia's ability to carry on as a going concern continues to
be in serious doubt.
About Rodinia Oil Corp.
Rodinia is engaged in the exploration,
acquisition and development of petroleum and natural gas assets in
Australia's Officer Basin.
Rodinia's assets include an 85% working interest in approximately
23,000,000 gross acres of exploratory lands in South Australia and Western Australia, along with 4,048 kilometres
of seismic acquired and processed by Rodinia, the results of two
wells and a 15,300 kilometre aeromagnetic/aerogravity survey, all
relating to this exploratory acreage. Rodinia has no
debt. Rodinia has offices in Calgary, Alberta and Adelaide, South
Australia. Its common shares are listed for trading on the
TSX Venture Exchange under the symbol "ROZ".
Forward-Looking Statements
This press release may contain
forward-looking information that involves substantial known and
unknown risks and uncertainties, most of which are beyond the
control of Rodinia, including, without limitation, statements
pertaining to management's future plans. All statements
included herein, other than statements of historical fact, are
forward-looking information and such information involves various
risks and uncertainties. There can be no assurance that such
information will prove to be accurate, and actual results and
future events could differ materially from those anticipated in
such information. A description of assumptions used to
develop such forward-looking information and a description of risk
factors that may cause actual results to differ materially from
forward-looking information can be found in Rodinia's disclosure
documents on the SEDAR website at
www.sedar.com. Any forward-looking statements are made
as of the date of this release and, other than as required by
applicable securities laws, Rodinia does not assume any obligation
to update or revise them to reflect new events or
circumstances.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Rodinia Oil Corp.