Shares Issued in Private Placement
(Thomson Reuters ONE) -
Wentworth Resources Limited (OSE: WRL)
Reference is made to the press release dated 17 February 2011 regarding a
private placement of 15,000,000 new common shares of Wentworth Resources Limited
("Wentworth" or the "Company") directed towards accredited and international
institutional investors (the "Private Placement").
The 15,000,000 new shares have now been issued. The new number of issued and
outstanding shares in Wentworth is 76,719,940, and all shares are validly and
legally issued, fully paid-up and properly registered. The new shares will be
kept at a separate ISIN and will not be listed at Oslo Børs until a listing
prospectus has been published. As described in the press release dated 17
February 2011, the subscribers in the Private Placement have received borrowed
shares which are immediately tradable on Oslo Børs.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
For further information, please contact:
www.wentworthresources.com
Tel.: +1 403 294 1530
Robert McBean, Chairman & CEO
rpm(at)wentworthresources.com
Eric Fore, Finance, Investor & Public Relations Manager
etf(at)wentworthresources.com
Per Arne Totland
Axxept (Public Relations)
totland(at)axxept.no
+47 90 02 19 00
Wentworth Resources Limited is an independent oil & gas company with natural gas
production, midstream and downstream assets, and a committed exploration
programme in the Rovuma Delta Basin of Tanzania and Mozambique.
FORWARD LOOKING STATEMENTS
This news release may contain forward-looking statements including expectations
of future production, cash flow and earnings. These statements are based on
current expectations that involve a number of risks and uncertainties, which
could cause actual results to differ from those anticipated. These risks
include, but are not limited to: the risks associated with the oil and gas
industry (e.g. operational risks in development, exploration and production;
delays or changes in plans with respect to exploration or development projects
or capital expenditures; the uncertainty of reserve estimates; the uncertainty
of estimates and projections relating to production, costs and expenses, and
health, safety potential delays or changes in plans with respect to exploration
or development projects or capital expenditures.
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR
A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE
UNITED STATES. THESE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER
THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES
LAWS AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS
UNLESS REGISTERED OR EXEMPT THEREFROM.
NOTICE
Oslo Børs has not reviewed and does not accept responsibility for the adequacy
or accuracy of this release.
Press Release 2011 02 28:
http://hugin.info/136496/R/1493042/428790.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wentworth Resources Limited via Thomson Reuters ONE
[HUG#1493042]
Unternehmensinformation / Kurzprofil:
Datum: 28.02.2011 - 16:41 Uhr
Sprache: Deutsch
News-ID 51975
Anzahl Zeichen: 4271
contact information:
Town:
Calgary, Alberta
Kategorie:
Business News
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"Shares Issued in Private Placement"
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Wentworth Resources Limited (Nachricht senden)
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