GRAND CAYMAN, Cayman Islands, Aug. 13, 2024 /CNW/ - On August 12, 2024, Simpson Oil Limited ("Simpson Oil") commenced an application with the Ontario Superior Court of Justice seeking a declaration that the standstill and voting restrictions under the Governance Agreement ("Governance Agreement") dated January 8, 2019 between Simpson Oil and Parkland Corporation ("Parkland") (TSX: PKI), have ceased to apply in accordance with the terms of the Governance Agreement on the basis of a material change in the composition of Parkland's senior management since January 8, 2019.
Read more at newswire.caSimpson Oil Limited Initiates Litigation with Parkland Corporation Seeking Declaration Regarding Status of Governance Agreement
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