VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 16, 2009) - Ryland Oil Corporation (the "Company") (TSX VENTURE:RYD) is pleased to announce that at its special general meeting of shareholders held on March 12, 2009, the shareholders passed a resolution ratifying, confirming and approving the Company's Shareholder Rights Plan approved and adopted by the Company's board of directors on September 23, 2008. In addition, the shareholders also passed a resolution re-ratifying the Company's incentive stock option plan.
RYLAND OIL CORPORATION
Gerald J. Shields, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Ryland Oil Corporation
Mr. Jim Welykochy
Vice-President Corporate Development
(403) 861-1242
Website: www.rylandoil.com
The TSX Venture Exchange has not reviewed and does not accept any responsibility for the adequacy or accuracy of this news release, and no regulatory authority has approved or disapproved the information contained herein.
Source: CCN Matthews (March 16, 2009 - 5:47 PM EDT)
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