09:52 AM EST - CIC Energy Corp. : has been in discussions with interested parties regarding the acquisition of 100% the Company for several months, however it has so far been unable to obtain an offer that would be supported by the board and its advisors. The Company attributes this to a number of factors, including the current challenging business climate and market conditions. CIC Energy will remain open to receiving offers from potential acquirers for the acquisition of the Company. CIC Energy Corp.
shares T.ELC are trading down $0.19 at $1.25.