From the latest news!
MCW Enterprises Ltd. (TSX VENTURE:MCW) ("MCW"), a Canadian holding company involved in fuel distribution and the creation of oil sands recovery technology, is pleased to announce that effective December 12, 2012 MCW continued from British Columbia into Ontario, adopted new by-laws upon continuation into Ontario, and completed a short-form amalgamation with its wholly owned subsidiary, MCW Energy Group Limited, a New Brunswick corporation which had also continued into Ontario. Accordingly, the amalgamated corporation is now called "MCW Energy Group Limited" and continues to trade on the TSX Venture Exchange under the trading symbol "MCW".
The continuance of MCW from British Columbia to Ontario, and the adoption of the new by-laws was approved at a special meeting of shareholders of MCW on December 12, 2012.
About MCW Energy Group Limited
MCW is focused on value creation as (i) a distributer of gasoline and diesel fuels to service stations in Southern California for over 60 years, having revenue, in the fiscal year ending August 31, 2011, of US$241.5 million, and (ii) a developer of proprietary technology for the extraction of oil from sand and shale at its first field in the Uinta basin of Utah, USA. MCW's management team is comprised of individuals who have extensive knowledge in both conventional and unconventional oil and gas projects and production, as well as refinery and fuel distribution experience. For additional information on MCW, please visit their website www.mcwenergygroup.com .
