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Sondex plc Offer for Innicor Subsurface Technologies Inc. Expires - 11/17/06
CALGARY, ALBERTA, (November 17, 2006) – Innicor Subsurface Technologies Inc. (TSX:IST) ("Innicor" or the "Corporation") advises that the offer to purchase dated October 11, 2006 (the "Offer") made by Sondex Completion Systems Inc., a subsidiary of Sondex plc ("Sondex"), to acquire all of the issued and outstanding shares of Innicor expired at 3:00 p.m. (Calgary time) without all of the conditions to the Offer having been satisfied or waived by Sondex. Specifically, Sondex has issued a press release dated November 17, 2006 announcing that the condition tha the acquisition of Innicor by Sondex receive the approval of the shareholders of Sondex at an extraordinary general meeting of Sondex shareholders held November 16, 2006 was not satisfied. Read Entire Article (PDF)