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Parkland Cans Construction, Supply, Pipeline Sectors

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August 15, 2012

Parkland (PKE.V) announces that as of August 15, 2012, the Corporation will restructure its operations to cease the construction, supplies and pipeline segments of its operations as well as significantly decrease the level of fabrication services. Parkland is planning to focus resources on its U.S. petroleum and natural gas properties, which are at this time the profitable segment of its operations.

Due to the industry's negative reaction to the poor performance on the 2011 and 2010 annual audited financial statements as well as the Demand Notice filed against the Company ...


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