Day4 Energy announces support agreements related to previously announced arrangement

Day4 Energy Inc. announces that at this time it has received Support Agreements from shareholders representing approximately 30.0% of the issued and outstanding common shares of the company, whereby such shareholders have agreed to vote in favour of the previously announced arrangement transaction.

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Under the arrangement, all assets and liabilities of Day4 will be transferred to 0941212 B.C. Ltd., a company indirectly owned and controlled by George Rubin (President and CEO of Day4) and Douglas Keast (Executive Vice-President and CFO of Day4).

Day4 shareholder approval will be sought at the annual and special meeting currently scheduled for June 27, 2012. Subject to satisfaction of all conditions, including court approval, completion of the arrangement is expected to occur on June 29 or such later date as Day4 may announce by press release.

http://www.day4energy.com