After completion of the amalgamation, Bowood will become a wholly-owned subsidiary of Roadrunner and, together, the newly formed firms will continue to operate in oil and gas exploration, development and production.

Completion of the Amalgamation remains subject to a number of conditions precedent including, without limitation, the approval of the TSX Venture Exchange (TSX-V). Roadrunner has made its initial submission to the TSX-V and will continue to work with the TSX-V to obtain the TSX-V approval.

Roadrunner Oil & Gas is a TSX-V Tier 2 corporation engaged in the acquisition, exploration, development and production of oil and gas resources. Projects are currently situated in the states of Michigan, Utah, and Colorado.