June 16 (Reuters) - Corridor Resources Inc CDH.TO
* Corridor announces impact on reserves due to the new
Brunswick government's decision to continue hydraulic fracturing
moratorium
* Corridor announces impact on reserves due to new brunswick
government's decision to continue hydraulic fracturing
moratorium
* Engaged glj to assess extent of impact of nb decision on
corridor's reserves as set forth in original reserves report
* Updated reserves report demonstrates that nb decision has
resulted in a material reduction in corridor's undeveloped
reserves
* Expects reduction in net present value of its proved plus
probable reserves calculated at a discount factor of 10% will
lead to an impairment loss
Source text for Eikon: ID:nMKWTzHGVa
Further company coverage: CDH.TO