acquires Resource Polymer’s assets
Fox Petroleum Inc. has finalized its purchase
of the recycling assets associated with Resource Polymers Inc.
of Hamilton, Ontario Canada.
The acquisition was completed by a share
exchange agreement in the summer of 2010 but closed in April
after final receipt of the companies PCAOB audit. The company
exchanged 1,750,000 shares of restricted common stock and assumed
the debts of Ontario Inc. when the transaction was announced.
In addition to its plastics recycling operations
Fox Petroleum is actively seeking partnerships and joint ventures
across a variety of oil and natural gas projects located within
North America including the Fayetteville shale.