MONTREAL, QUEBEC--(Marketwired - April 6, 2016) -
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
British Controlled Oilfields Ltd. ("BCO") expects to file with securities regulatory authorities and send to its shareholders on or before April 30, 2016 its audited comparative financial statements for the financial year ending December 31, 2015 (the "2015 Financial Statements"), which were due by March 30, 2016.
Since September 2015, more than 95% of BCO's assets has been comprised of cash or cash-equivalents held in a bank account with a Canadian chartered bank.
BCO has applied for a decision from its principal regulator, the Autorité des marchés financiers under the securities legislation of Alberta, British Columbia and Quebec to exempt BCO from the requirements to file a management report of fund performance and an annual information form for the financial year ending on December 31, 2015.
Contact Information:
(514) 871-9571