Do All Industries Ltd.



November 23, 2012 18:22 ET

Do All Industries Ltd. Announces Expiry of Offer for Common Shares of Hyduke Energy Services Inc.

ESTEVAN, SASKATCHEWAN--(Marketwire - Nov. 23, 2012) - Do All Industries Ltd. ("Do All"), in accordance with applicable securities legislation, announces today that its offer to purchase all of the issued and outstanding common shares ("Shares") of Hyduke Energy Services Inc. ("Hyduke") (the "Offer"), as varied and extended pursuant to a notice of variation and extension dated November 12, 2012, expired at 4:00 p.m. (Calgary time) on November 23, 2012. The Offer was conditional upon, among other things, a minimum tender condition which was not met. Do All will not take up any Shares deposited under the Offer and will return any Shares deposited under the Offer to the depositing Hyduke shareholders.

This press release is not an offer to buy or a solicitation of an offer to sell any of the securities of Hyduke. Such an offer may only be made pursuant to an offer and take-over bid circular filed with the securities regulatory authorities in Canada.

Do All is a private company based out of Estevan, Saskatchewan which provides integrated products and services for the oil and gas industry.

Contact Information

  • The Depositary for the Offer is:
    Olympia Trust Company
    2300, 125 - 9th Avenue S.E.
    Calgary, Alberta T2G 0P6

    Olympia Transfer Services Inc.
    920, 120 Adelaide Street West
    Toronto, Ontario M5H 1T1
    Toll Free: 1-888-353-3138
    Outside North America: 403-668-8884
    corporateactions@olympiatrust.com

    The Information Agent for the Offer is:
    Laurel Hill Advisory Group
    North American Toll-Free: 1-877-452-7184
    Banks, Brokers and collect calls outside North America:
    416-304-0211
    assistance@laurelhill.com