Antler Hill Oil & Gas Ltd. is a Canada-based capital pool company. The Company is engaged in identifying and evaluating businesses and assets for acquisition with a view to completing a qualifying transaction. The Company’s policy is to maintain a strong capital base for the objectives of maintaining financial flexibility, creditor and market confidence and to sustain the future development of the business. The Company manages its capital structure which includes shareholders’ equity. In order to maintain or adjust its capital structure, the Company issues shares and adjusts its capital spending to manage current and projected debt levels. It has executed a purchase and sale agreement whereby the Company agreed to acquire certain natural gas reserves, lands, leases and miscellaneous interests held by Silver Peak Industries Ltd.