POSEIDON CONCEPTS

If you purchased or otherwise acquired securities of Poseidon Concepts Corp. on or before February 14, 2013, excluding the Excluded Persons, you may be entitled to a compensation or a distribution from this settlement... The Courts in Alberta, Ontario, Quebec, Colorado and New York have approved and recognized a global settlement reached within the insolvency proceedings of Poseidon Concepts Corp. ("Poseidon") which, among other things, finally resolves securities class proceedings brought against Poseidon, certain of its former directors and officers, its former auditors, its former underwriters and Peyto Exploration & Development Corp (in its capacity as the successor to Open Range Energy Corp... Pursuant to the settlement (which does not constitute an admission of liability, but represents a negotiated compromise of disputed allegations and claims), the defendants in the class proceedings pay at least $34,632,800 and up to $36,606,200 for the benefit of the eligible shareholders..

Also known as: Poseidon Concepts Corp.

Primary location: Ottawa