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Namaste Enters Into Non-Binding LOI With CannMart, a Late Stage ACMPR Applicant

  • Namaste will purchase all of the issued and outstanding shares in the capital of CannMart, a late stage applicant under the Access to Cannabis for Medical Purposes Regulations
  • CannMart submitted its application to become a “sales only” licensed producer of medical cannabis

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Hub On AGORACOM/ Read Release 

Message: NR name change to Triangle Resources corp...no other news this year..

Denver, Colorado, May 27, 2011 – Triangle Petroleum Corporation ("Triangle" or the "Company") (NYSE Amex: TPLM)

announced today that its board of directors has approved a proposal to change the Company’s state of legal incorporation from Nevada to Delaware. The reincorporation proposal will be submitted for consideration at Triangle’s annual meeting of stockholders scheduled to be held on July 22, 2011 at 10:00 a.m. local time, at its offices in Denver, Colorado.

The proposed reincorporation would not affect the Company’s headquarters, business, jobs, management, offices or facilities, number of employees, assets, liabilities or net worth. Also, the Company’s common stock would continue to trade on the NYSE Amex LLC under the symbol TPLM. If the reincorporation is approved by stockholders, the Company’s name would change to "Triangle Resources Corporation."

Approval of the reincorporation proposal will require the support of a majority of the shares of the Company’s common stock present at the annual meeting in person or by proxy and entitled to vote on the matter. Further information regarding the reincorporation will be contained in the proxy statement to be filed with the Securities and Exchange Commission.

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