Crescent Point Asset Acquisition Completed, Amalgamation with CanRock Energy Corp. Completed, New Board of Directors and Management, New Loan Facility
(firmenpresse) - CALGARY, ALBERTA -- (Marketwire) -- 07/18/12 -- Alston Energy Inc. (TSX VENTURE: ALO) ("Alston") is pleased to announce an update on the status of the following previously announced matters:
Alston is also pleased to announce that it has entered into a revolving production loan facility in the amount of Cdn. $9,000,000 and a revolving acquisition loan facility of Cdn. $2,500,000 with Alberta Treasury Branches.
This press release is not an offer of the securities for sale in the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.
Note: BOEs may be misleading, particularly if used in isolation. In accordance with NI 51-101, a BOE conversion rations 6 mcf: 1bbl of oil is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead
The TSX Venture Exchange Inc. has in no way passed upon the merits of the Arrangement and has neither approved nor disapproved the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Contacts:
Alston Energy Inc.
Don K. Umbach
President and CEO
(403) 245-4261
Alston Energy Inc.
Bruce Eckert
COO
(403) 265-2770
Alston Energy Inc.
Troy Winsor
VP Business Development
1-800-663-8072
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 18.07.2012 - 13:31 Uhr
Sprache: Deutsch
News-ID 166462
Anzahl Zeichen: 0
contact information:
Town:
CALGARY, ALBERTA
Kategorie:
Oil & Gas
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"Crescent Point Asset Acquisition Completed, Amalgamation with CanRock Energy Corp. Completed, New Board of Directors and Management, New Loan Facility"
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