Morumbi Oil & Gas Inc. Extends the Expiry Date of Certain Outstanding Common Share Purchase Warrants for One Year
06 August 2011 - 3:33AM
Marketwired
Morumbi Oil & Gas Inc. (TSX VENTURE: MOC) ("Morumbi" or the
"Company") is pleased to announce that an application has been
approved by the TSX Venture Exchange to extend the term of the
300,667 warrants issued by the Corporation on August 13, 2010 (the
"Warrants"). The Warrants were scheduled to expire on August 13,
2011 but will now expire on August 13, 2012.
The Warrants were issued as part of a private placement offering
by the Company that was completed on August 13, 2010. For further
information on the original issuance of the Warrants, please refer
to the press release of the Company dated August 16, 2010 filed on
SEDAR.
Warrantholders are advised that replacement Warrant certificates
will not be issued and that the original Warrant certificates must
be presented to Morumbi, as warrant agent, in order to effect the
exercise or transfer of such Warrants.
About Morumbi
Morumbi Oil & Gas Inc. is a public company with attractive
near-term light oil exploitation opportunities in northwest
Alberta. The Company trades on the TSX Venture Exchange under the
symbol "MOC". For more information about Morumbi and the Company's
McKinley Property and plans visit our website at
www.morumbi.ca.
Disclaimer
Certain statements contained in this news release may contain
forward-looking information within the meaning of Canadian
securities laws. Such forward-looking information is identified by
words such as "estimates", "intends", "expects", "believes","may",
"will" and include, without limitation, statements regarding the
company's plan of business operations (including plans for
developing assets) and projected expenditures. There can be no
assurance that such statements will prove to be accurate; actual
results and future events could differ materially from such
statements. Factors that could cause actual results to differ
materially include, among others, commodity prices, risks inherent
in the oil & gas industry, financing risks, labour risks, title
disputes, regulatory risks, currency fluctuations, competition,
unexpected decline rates in wells, changes in taxation or royalty
regimes and environmental concerns. Most of these factors are
outside the control of the company. Investors are cautioned not to
put undue reliance on forward-looking information. Except as
otherwise required by applicable securities statutes or regulation,
the company expressly disclaims any intent or obligation to update
publicly forwardlooking information, whether as a result of new
information, future events or otherwise.
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 release.
Contacts: Morumbi Oil & Gas Inc. Thomas J. Loch President
& C.O.O. 1-403-263-8420 tloch@morumbi.ca www.morumbi.ca
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