April 8 (Reuters) - SDX Energy Inc SDX.L :
* SDX CANADA ARRANGEMENT AGREEMENT FOR PROPOSED RE-DOMICILE TO UK AND UPDATE ON SOUTH DISOUQ DEVELOPMENT PROJECT
* SDX ENERGY- ENTERED INTO ARRANGEMENT AGREEMENT ON 5 APRIL BETWEEN CO AND SDX ENERGY PLC, A NEWLY INCORPORATED WHOLLY-OWNED SUBSIDIARY OF CO
* SDX UK WILL APPLY FOR ADMISSION TO TRADING OF SDX UK SHARES ON AIM MARKET OF LONDON STOCK EXCHANGE PLC
* UPON ADMISSION OF SDX UK SHARES TO TRADING ON AIM, SDX CANADA INTENDS TO DELIST SDX CANADA SHARES FROM TSX VENTURE EXCHANGE
* SDX ENERGY - SDX UK WILL ACQUIRE ALL OF ISSUED AND OUTSTANDING COMMON SHARES IN CAPITAL OF CO ( "SDX CANADA SHARES")
* IN CONNECTION WITH RE-DOMICILE, COMPANY HAS OBTAINED AN INTERIM ORDER FROM COURT OF QUEEN'S BENCH OF ALBERTA
* SDX ENERGY - SDX UK WILL ACQUIRE SHARES IN CAPITAL OF CO IN EXCHANGE FOR NEW ORDINARY SHARES IN SDX UK ("SDX UK SHARES") ON A ONE-FOR-ONE BASIS
* SDX CANADA BOARD HAS CONCLUDED THAT RE-DOMICILE OF SDX CANADA IS IN BEST INTERESTS OF SDX CANADA
* UNDER TERMS OF ARRANGEMENT AGREEMENT, SDX CANADA'S SHAREHOLDERS WILL RECEIVE ONE SDX UK SHARE FOR EACH SDX CANADA SHARE HELD