18 September 2017, Limassol, Cyprus
The directors of SeaBird Exploration convene the Extraordinary General Meeting ("EGM") of the shareholders for the 2 October 2017 at 11.00 (local time) at Diagoras House 7th Floor, 16 Pantelis Catelaris Street, CY 1097 Nicosia, Cyprus. The company advises that the EGM convened hereby is the EGM referred to in the stock exchange announcement from the company on 15 August 2017 at 19:07 CET, concerning the request for authorization to create and issue Class A shares after the successful completion of the Private Placement. The Class A shares will be converted into ordinary shares through the reduction of the company's authorized share capital, such reduction to be resolved at a separate extraordinary general meeting expected to be called for in the near future.
The agenda and other relevant documents including proxy forms are distributed to
the shareholders, attached hereto and are listed on the company's web-page: www.sbexp.com
SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic data, and associated products and services to the oil and gas industry. SeaBird specializes in high quality operations within the high end of the source vessel and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main focus for the company is proprietary seismic surveys (contract seismic). Main success criteria for the company are an unrelenting focus on Quality, Health, Safety and Environment (QHSE), combined with efficient collection of high quality seismic data. All statements in this press release other than statements of historical fact are forward-looking statements and are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include SeaBird`s reliance on a cyclical industry and the utilization of the company's vessels. Actual results may differ substantially from those expected or projected in the forward-looking statements.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
For further queries contact:
CEO SeaBird Exploration
CFO SeaBird Exploration