Skip to main content

Rubellite Energy Inc(RBY-T)
TSX

Today's Change
Real-Time Last Update

RUBELLITE ENERGY INC. ANNOUNCES ROYALTY SALE AND RISK MANAGEMENT UPDATE

Newswire.ca - Mon Dec 4, 2023

CALGARY, AB, Dec. 4, 2023 /CNW/ - (TSX: RBY)ย โ€“ย 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.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.