May 23, 2014 – News Today

GasFrac agrees to replace board of directors

CALGARY — GasFrac Energy Services Inc., a Calgary company whose unique gelled propane fracking technology has won praise from environmentalists but no love from shareholders, has agreed to replace its entire board of directors. In a news release Tuesday, the company said it has negotiated a deal with Nanes Balkany Partners I LP, which holds 5.4 per cent of its shares, under which its seven-member board will resign. Read More