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Announces Engagement of GMP Securities as Financial Advisor
Apr 21, 2009 04:13AM
April 21, 2009
Ryland Oil Announces Engagement of GMP Securities as Financial Advisor
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 21, 2009) - Ryland Oil Corporation (TSX VENTURE:RYD) announces that it has engaged GMP Securities LP as a financial advisor and agent to assist the Company in reviewing and assessing corporate strategies, which may include a sale or merger of the Company, an asset sale, or a teaming agreement with one or more industry partners. Ryland has agreed to pay GMP a success fee on the closing of any transaction, calculated as a percentage of the transaction's value.