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Do All Industries Ltd. Announces Expiry of Offer for Common Shares of Hyduke Energy Services Inc.
By: Marketwired .
Nov. 23, 2012 06:23 PM
ESTEVAN, SASKATCHEWAN -- (Marketwire) -- 11/23/12 -- Do All Industries Ltd. ("Do All"), in accordance with applicable securities legislation, announces today that its offer to purchase all of the issued and outstanding common shares ("Shares") of Hyduke Energy Services Inc. ("Hyduke") (the "Offer"), as varied and extended pursuant to a notice of variation and extension dated November 12, 2012, expired at 4:00 p.m. (Calgary time) on November 23, 2012. The Offer was conditional upon, among other things, a minimum tender condition which was not met. Do All will not take up any Shares deposited under the Offer and will return any Shares deposited under the Offer to the depositing Hyduke shareholders.
This press release is not an offer to buy or a solicitation of an offer to sell any of the securities of Hyduke. Such an offer may only be made pursuant to an offer and take-over bid circular filed with the securities regulatory authorities in Canada.
Do All is a private company based out of Estevan, Saskatchewan which provides integrated products and services for the oil and gas industry.
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