Shoreline Energy Files for Bankruptcy
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Shoreline Energy Corp. has filed an assignment under section 49 of the Bankruptcy and Insolvency Act (Canada) (the BIA) on December 23. Pursuant to the assignment, Grant Thornton Limited was appointed as the bankruptcy trustee. In addition, all of the directors and officers of the company have resigned effective immediately. In accordance with the assignment the trustee will to send to all creditors a notice of the bankruptcy within five days. In addition, when applicable, the trustee will call in the prescribed manner a first meeting of creditors, to be held at January 20, 2016 or at any other time and place that may be later requested by the official receiver.
About Shoreline Energy Corp.
Shoreline is a Calgary, Alberta based corporation formerly engaged in the exploration, development and production of petroleum and natural gas.
To stop by Shoreline’s website, CLICK HERE
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