CALGARY, AB, Dec. 4, 2023 /CNW/ - (TSX: RBY) – Rubellite Energy Inc. ("Rubellite", or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to announce that it has closed an agreement with Source Rock Royalties Ltd. (TSXV: SRR - the "Purchaser") for the sale of a gross overriding royalty ("GORR") on certain lands within the Figure Lake and Edwand areas (the "GORR Transaction"), and to provide an update on the Company's other recent risk management activities.
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