FORT WORTH, TX,
May 21, 2013 /PRNewswire/ - Breezer
Ventures Inc. (BRZV) (OTCQB:BRZV.PK), a Fort Worth, Texas based company, focused on
the development and commercialization of its oil and gas wells in
Texas, today announced that it is
planning a new equity financing opportunity that would provide the
funding necessary to carry out its aggressive 2013 oil production
strategy. The number of shares to be offered and the price
range for the offering have not yet been determined.
Breezer will use the net proceeds from the offering to expand
and speed up its development and commercialization of its portfolio
of six oil and gas wells. In addition, the Company will
further use the net proceeds to explore other oil and gas
investments in the USA; exercise
options on other wells located on the Jackson Fields; and, for
general working capital.
"Completion of this financing demonstrates our commitment to our
shareholders and will enable us to commercialize our oil and gas
assets more rapidly" as stated by Tang Xu, Breezer's President.
About Breezer Ventures Inc.
Breezer Ventures Inc. is an oil and gas company engaged in the
acquisition and development of producing oil and gas
properties. Breezer owns a portfolio of oil and gas assets
located in the Jackson Fields, Texas.
Forward-Looking Statements
This press release may include certain statements that are
forward-looking in nature. Such forward-looking statements are
within the meaning of that term in Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. The forward-looking statements in this
press release are based on Breezer Ventures Inc.'s current
expectations and projections regarding future events, which are
based on currently available information. The forward-looking
statements in this press release may also include statements
relating to Breezer Ventures Inc.'s anticipated new developments,
business prospects, financial performance, strategies and similar
matters. Breezer Ventures Inc. disclaims any obligation to update
any of its forward-looking statements, except as may be required by
law. Investors should consult all of the information set
forth herein and should also refer to the risk factors disclosure
outlined in our most recent annual report for our last fiscal year,
our quarterly reports, and other periodic reports filed from
time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD OF DIRECTORS,
Tang Xu, President & Director
949-419-6588
corp@breezerventures.com
SOURCE Breezer Ventures
