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Tuesday, April 24, 2012

Cross Border and Red Mountain Reach Settlement

SAN ANTONIO, April 24, 2012 /PRNewswire/ -- Cross Border Resources, Inc. (OTCQX: XBOR) ("Cross Border" or "the Company"), a San Antonio-based oil and gas exploration and production company, and Red Mountain Resources, Inc. ("Red Mountain") (OTC BB: RDMP.OB), a growth-oriented energy company engaged in the acquisition, development, and exploration of oil and natural gas properties, announced today that they have reached a settlement agreement pursuant to which Red Mountain will withdraw its complaint f...continued
  

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