The return of the Company's common stock for cancellation will reduce the fully diluted, issued and outstanding shares of the Company to about 25,024,775 shares.
Irwin Energy is a junior resource company based in Vancouver, B.C. Irwin Energy engages in the acquisition, exploration and development of resources properties with the intent to prove up oil and gas reserves and mineral deposits. Irwin Energy seeks out low-risk opportunities to develop positive cash flow from proven and probable resource properties where prior exploration has been successful. Irwin Energy plans to grow exclusively through the efficient reinvestment of its internally generated cash flow and through limited external financing, which it plans to utilize to build ancillary businesses.
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