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Tag "verona-development-corp"

Verona Completes Sale of Gainsborough Leases / Settles Lawsuit 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/29/13 — Verona Development Corp. (TSX VENTURE: VDC.H) ("Verona" or "the Company") has completed the sale of its 60% working interest in two oil and natural gas leases in the Gainsborough South area of Saskatchewan to Canadian Natural Resources ("CNR") for total consideration of $671,953.The Company received a $75,000 cash payment on Closing. The balance of the purchase price was satisfied by way of set-off of $59

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Verona Development Corp. Agrees to Sell Gainsborough Leases/Settles Lawsuit 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/04/13 — Verona Development Corp. (TSX VENTURE: VDC.H) ("Verona" or "the Company") has entered into an agreement with Canadian Natural Resources ("CNR") to sell its 60% working interest in two oil and natural gas leases in the Gainsborough South area of Saskatchewan to CNR, the owner of the remaining 40% working interest, for total consideration of $671,953. CNR is a general partnership managed by Canadian Natural

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