United Heritage Corporation Takes Steps to Complete Merger With Lothian Oil Inc. PR Newswire | October 16, 2006 | COPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

MIDLAND, Texas, Oct. 16 /PRNewswire-FirstCall/ -- United Heritage Corporation today announced that on Friday, September 29, 2006, it filed a registration statement relating to its merger with Lothian Oil Inc. ("Lothian"). Pursuant to the terms of the Merger Agreement and Plan of Reorganization signed by United Heritage and Lothian, United Heritage will issue 1 share of its common stock or preferred stock for each 1.25 shares of Lothian common stock or preferred stock. United Heritage will assume all outstanding warrants for Lothian's common or preferred stock, whether or ...

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