Poplar Creek Resources Inc.
TSX VENTURE : PCK.P

December 19, 2008 11:18 ET

Poplar Creek Resources Inc. Announces Closing of Qualifying Transaction

CALGARY, ALBERTA--(Marketwire - Dec. 19, 2008) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Poplar Creek Resources Inc. ("Poplar Creek") (TSX VENTURE:PCK.P) on the TSX Venture Exchange (the "Exchange") announces that further to the news releases of August 8, 2008 and November 28, 2008, the previously announced Qualifying Transaction has closed and pursuant to Exchange Policy 2.4 "Capital Pool Companies" the Exchange has advised that it has issued a "Final Exchange Bulletin" in that regard and accordingly, Poplar Creek is no longer a CPC and is a Tier II Oil and Gas Issuer on the Exchange.

For more information, investors should review Poplar Creek's filings at www.sedar.com.

This release includes certain statements that may be deemed "forward looking statements". All statements in this release, other than statements of historical facts, are forward looking statements. Actual results may differ materially. Although the Corporation believes such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward looking statements. Investors are cautioned that any statements are not guarantees of future performance and actual results or developments may differ materially from those stated in the forward looking statements. The Company does not intend, and does not assume any obligation to update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Poplar Creek.

This news release has been reviewed and approved for issuance by the Board of Directors of Poplar Creek.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Poplar Creek Resources Inc.
    Donald G. J. Dutton
    President & CEO
    (403) 471-5640
    or
    Poplar Creek Resources Inc.
    Gregory R. Harris
    Director
    (403) 777-9222