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G2 Energy (CSE:GTOO) provides corporate update

Energy, Sponsored, The Watchlist
CSE:GTOO
29 March 2022 12:45 (EDT)

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G2 Energy Corp. (GTOO) has announced the results of its recent annual general and special meeting of shareholders.

The shareholders of the company approved the change of the company’s business from an energy issuer involved in the production of residential and commercial wood pellets in Europe to an oil & gas issuer.

The Chief Executive Officer of G2, Slawek Smulewicz sat down with Shoran Devi to discuss the news.

“We are very pleased the shareholders voted in favor of the change of business transaction and look forward to positioning G2 to take advantage of the recovering oil and gas sector and bringing value to the shareholders”.

The shareholders also elected six directors and re-appointed the company’s auditor.

Vancouver-based G2 Technologies Corp. is focused on developing opportunities in the energy sector. A partnership between G2 and Caltron Oil Pty Ltd. (Caltron) has been formed to acquire onshore oil fields in California.

G2 Energy Corp. (GTOO) last traded at C$0.08 per share.

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