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Bankers Petroleum Ltd. to be acquired by an affiliate of Geo-Jade Petroleum

CALGARY, March 20, 2016 /PRNewswire/ – Bankers Petroleum Ltd. (“Bankers”) (TSX: BNK, AIM: BNK) is pleased to announce that it has entered into a definitive agreement (the “Arrangement Agreement”) with 1958082 Alberta Ltd. (the “Purchaser”) and Charter Power Investment Limited (“Charter Power”) for the purchase of all the issued and outstanding common shares of Bankers […]