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DrillaHill

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DrillaHill

Re: None

Monday, 06/13/2016 6:43:22 AM

Monday, June 13, 2016 6:43:22 AM

Post# of 5825
from today on traded on reverse split basis...

06/10/2016 PDF NOTICE TO SHAREHOLDERS - REVERSE SPLIT OF SHARES: END OF SHAREHOLDERS POSITION ADJUSTMENT PERIOD
from June 13, 2016 on, the Company’s common shares and Global Depositary Shares (“GDSs”) will be traded on a reverse split basis.
The reverse split of PetroRio will comprise the totality of common shares and GDSs issued by the Company at the rate of 5 (five) common shares and 5 (five) GDSs for 1 (one) common share and 1 (one) GDS, respectively, maintaining the same proportion currently in force of 2 (two) GDSs to 1 (one) common share. This transaction was approved in the Company’s Annual and Special Shareholders Meeting held on April 29, 2016.
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