2010-09-09-2010-06-14-2010-09-09

Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
0MM
Description

Acquired company in reverse merger, gaining 11 proven areas in SK and AB.

Global Agri-Med Technologies Inc., Midland Park, N.J., (Pink Sheets: GAGO) has acquired Calgary-based Quad Energy Corp. in a reverse merger, with Quad Energy as the surviving entity.

The company now has 11 properties in Canada, including 100% interest in 2,080 acres in Meota, Saskatchewan with accessible oil potential from multiple formations. Also, the Westlock, Alberta holdings are made up of 7,680 acres showing potential production from two separate formations.

Quad Energy president Fred DaSilva says, "Our company has a very attractive balance of oil and gas properties to develop and we are moving forward quickly to begin that development. The IEA has predicted that global oil and gas demand will accelerate next year and Quad Energy would like to position itself so that we are in a very strong position to exploit this opportunity."