TORONTO, Oct. 19, 2011 /CNW/ - MIDDLEFIELD BANCORP LIMITED ('MBN') is pleased to announce that it has amalgamated with its wholly-owned subsidiary, 2M Energy Corp. ('2M'), effective October 12, 2011. The amalgamation was implemented to reduce general and administrative costs.
In addition, MBN is conducting a strategic review of its entire business in order to seek to further reduce costs and maximize
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