RB Energy Inc.

RB Energy Inc. provides an update on the status of the Court approved sale and investor solicitation process. No "Qualified Offers" were received by the SISP deadline of March 27, 2015. The Company has developed an alternative course of action to attempt to obtain value for its stakeholders prior to the maturity date of the US $13 million "Debtor-in-Possession" loan ("DIP Loan") of April 15, 2015. CCAA Proceedings On [...]

RB Energy Inc. would like to provide an update on the Court approved sale and investor solicitation process. CCAA proceedings On October 14, 2014, following consultations with legal and financial advisors, the Company applied for and obtained an Initial Order to commence proceedings under the Companies' Creditors Arrangement Act in the Québec Superior Court in respect of the Company and its Canadian subsidiaries. The Court granted an initial stay of creditor proceedings to November 13, 2014, which was subsequently extended to April 30, 2015. During the CCAA... [...]

RB Energy Inc. reports financial and operating results for the three and nine months ended September 30, 2014. The consolidated financial statements together with Management's Discussion and Analysis will be available on the Company's web site and on SEDAR. THIRD QUARTER HIGHLIGHTS Going concern and CCAA proceedings In the early part of Q3 2014 the Company recognized the need for additional external funding to [...]

TORONTO, Oct. 23, 2014 /CNW/ - DELISTING REVIEW RB Energy Inc. (the "Company") – Further to TSX Bulletin 2014-1101 dated October 14, 2014, TSX has determined to delist the common shares (Symbol: RBI) of the Company at the close of business on November 24, 2014 for failure to meet the continued listing requirements of TSX. The common shares will remain suspended from trading. About TMX Group (TSX:X)  TMX Group's key [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 22, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX:RBI)(OTCQX:RBEIF) has been advised by the Toronto Stock Exchange (the "TSX") that it will de-list the Company's common shares effective at the close of business on November 24, 2014 for failure to meet the continued listing requirements of the TSX. The Company's common shares will remain suspended from trading [...]

VANCOUVER, CANADA--(Marketwired - Oct 15, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX:RBI)(OTCQX:RBEIF) announces that the Quebec Superior Court has issued an Amended and Restated Initial Order in respect of the Company and certain of its subsidiaries under the Companies' Creditors Arrangement Act (the "CCAA"). The Company is now under the protection of the Court. The Company also advises that Hale Capital [...]

VANCOUVER, CANADA--(Marketwired - Oct 14, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX:RBI)(OTCQX:RBEIF) announces that the hearing of the Motion for an Order under the CCAA will resume tomorrow, October 15, 2014, in the Quebec Superior Court. In the interim, the Quebec Superior Court has issued a Limited Initial Order under the Companies' Creditors Arrangement Act (the "CCAA") in respect of the Company and [...]

TORONTO, Oct. 14, 2014 /CNW/ - RB Energy Inc. (the "Company") – Further to Bulletin #2014-1011 dated September 16, 2014 TSX is now reviewing the common shares (Symbol: RBI) of the Company with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process. The common shares are suspended from trading immediately. About TMX Group (TSX:X) TMX Group's key subsidiaries operate cash and [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 13, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX:RBI) (OTCQX:RBEIF) announces that, in light of the Company's current financial situation, to facilitate an orderly restructuring of its business and operations, the Board of Directors of the Company has approved a filing on Tuesday, October 14, 2014, for an Initial Order to commence proceedings under the [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 8, 2014) - RB Energy Inc. (the "Company" or "RBI") (TSX:RBI)(OTCQX:RBEIF) reports that, further to its press release dated October 3, 2014, the Company has not secured the funding required to maintain current operations. As a result, and in an effort to curtail costs, the Company has halted operations at its Quebec Lithium Project and has temporarily laid off all [...]