Bay Street News

MATERIAL FACT – PetroRio terminates operations in Namibia

RIO DE JANEIRO, March 9, 2016 /CNW/ – Petro Rio S.A. (“PetroRio” or the “Company”) (BM&FBOVESPA: PRIO3, TSX-V: PRJ) hereby announces that it will not execute any new investments and it is terminating its exploratory activities in Namibia.

PetroRio, after a long period of…