FSC / Press Release
VisionSky Corp. Provides Update On Dixie Energy Trust
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
Calgary, Alberta CANADA, January 31, 2013 /FSC/ - VisionSky Corporation (VKY -
CNSX),is providing an update on Dixie Energy Trust (the "Trust") who is a party
to an arrangement agreement with VisionSky dated December 27, 2012 in respect of
a proposed statutory plan of arrangement under the Business Corporations Act
(Alberta) (the "Arrangement") as further described in its management information
circular dated as of December 28, 2012.
Shareholders of VisionSky will be voting on the proposed Arrangement at the
special meeting of shareholders to be held on February 13, 2013.
Appointment of Independent Directors
VisionSky has been informed by the Trust that Messrs. Ian Atkinson and Jeff Oke
were appointed to the board of directors of Dixie Energy Ltd., the administrator
of the Trust (the "Administrator"). VisionSky has also been advised by the Trust
that Mr. John Mackay has resigned as trustee of the Trust and director of the
Ian Atkinson is a founder and executive officer of Athabasca Oil Corp., a
Canadian company focused on the development of oil resource plays in Alberta,
Canada. Mr. Atkinson began his career as a development engineer with Talisman
Energy and joined Renaissance Energy as an exploitation engineer. Following
that, he worked as a senior engineer with Northrock Resources. During his
18-year career, he has held executive positions, including manager, engineering,
at Quarry Oil & Gas and vice-president at Morpheus Energy. Mr. Atkinson obtained
a B.Sc. in petroleum engineering from the University of Alberta, and a M.Sc.Eng.
in chemical engineering from the University of Calgary.
Jeff Oke is a partner with Burnet, Duckworth & Palmer LLP in Calgary, where he
has practised securities law for 14 years. Mr. Oke primarily advises public and
private energy and energy services companies on financing, mergers and
acquisitions, governance, stock exchange and securities commission compliance
and other corporate matters. He has served as corporate secretary of numerous
public and private companies. Mr. Oke has a Bachelor of Arts (Honours) degree
from Queen's University and a Bachelor of Laws degree from the University of
FOR FURTHER INFORMATION PLEASE CONTACT:
Chief Executive Officer
400, 2424 - 4th Street SW
Calgary, AB T2S 2T4
T: (403) 619-3637
This press release shall not constitute an offer to sell or a solicitation of an
offer to buy the securities in any investments. The securities of VisionSky will
not and have not been registered under the United States Securities Act of 1933
as amended (the "US Securities Act"), or the securities laws of any state, and
may not be offered, sold or delivered in the United States or to, or for the
account or benefit of, a U.S. person (as defined by Regulation S under the US
Securities Act), without registration or applicable exemption therefrom.
The Canadian National Stock Exchange has not approved and does not accept
responsibility for the adequacy or accuracy of this news release.
400, 2424 - 4th Street SW
Calgary, Alberta T2S 2T4
To view this release as a web page, please click on the following link:
Source: VisionSky Corporation (CNSX: VKY)
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-0- Feb/01/2013 3:35 GMT
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