An investigation on behalf of investors, who currently hold shares of Blue Ridge Mountain Resources, Inc. (OTC: BRMR), was announced concerning whether the takeover of Blue Ridge Mountain Resources, Inc. is unfair to OTC: BRMR stockholders.

The investigation by a law firm concerns whether certain officers and directors of Blue Ridge Mountain Resources, Inc. breached their fiduciary duties owed to OTC: BRMR investors in connection with the proposed acquisition.

On Irving, TX based Blue Ridge Mountain Resources, Inc., an independent oil and gas company, explores for, exploits, acquires, develops, and produces natural gas and natural gas liquid (NGL) resources in the United States. On August 27, 2018, Eclipse Resources Corporation (NYSE:ECR) and Blue Ridge Mountain Resources, Inc. (OTCPK: BRMR) announced that they have entered into a merger agreement under which Eclipse Resources and Blue Ridge will combine in an all-stock transaction. In the Transaction, Blue Ridge stockholders will receive consideration consisting of 4.4259 shares of Eclipse Resources common stock for each share of Blue Ridge common stock, before adjustment for a 15-to-1 reverse stock split of Eclipse Resources common stock to be effected concurrently with closing of the Transaction.

However, the investigation concerns whether the offer is unfair to Blue OTC: BRMR stockholders. More specifically, the investigation concerns whether the Blue Ridge Mountain Resources Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.