Westcore Announces Completion of Financing
21 12월 2013 - 3:13AM
Marketwired
Westcore Announces Completion of Financing
CALGARY, ALBERTA--(Marketwired - Dec 20, 2013) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES
Westcore Energy Ltd. ("Westcore" or the "Corporation")
(TSX-VENTURE:WTR) is pleased to announce that it has completed an
offering of 3,000,000 common shares of the Corporation issued as
"flow-through shares" at a price of $0.10 for aggregate gross
proceeds of $300,000. The net proceeds from this offering will be
used in connection with Westcore's interests on the Riverside
property owned by Allstar Energy Limited. In accordance with
applicable securities laws, the securities issued under this
Offering are subject to a four-month hold period that will expire
on April 20, 2014.
Reader
Advisory
This press release shall not constitute an offer to sell or
the solicitation of an offer to buy any securities nor shall there
be any sale of securities in any state in the United States in
which such offer, solicitation or sale would be unlawful. The
securities offered will not be and have not been registered under
the United States Securities Act of 1933 and may not be offered or
sold in the United States absent registration or an applicable
exemption from registration requirements.
Except for statements of historical fact, this news release
contains certain "forward-looking information" within the meaning
of applicable securities law. Forward-looking information is
frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions
"may" or "will" occur. In particular, forward-looking information
in this press release includes, but is not limited to, the use of
the net proceeds of the offering. Although we believe that the
expectations reflected in the forward-looking information are
reasonable, there can be no assurance that such expectations will
prove to be correct. We cannot guarantee future results,
performance or achievements. Consequently, there is no
representation that the actual results achieved will be the same,
in whole or in part, as those set out in the forward-looking
information.
Forward-looking information is based on the opinions and
estimates of management at the date the statements are made, and
are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ
materially from those anticipated in the forward-looking
information. Some of the risks and other factors that could cause
the results to differ materially from those expressed in the
forward-looking information include, but are not limited to:
general economic conditions in Canada, the United States and
globally; industry conditions, governmental regulation, including
environmental regulation; unanticipated operating events or
performance; failure to obtain industry partner and other third
party consents and approvals, if and when required; the
availability of capital on acceptable terms; the need to obtain
required approvals from regulatory authorities; stock market
volatility; competition for, among other things, capital, skilled
personnel and supplies; changes in tax laws; and the other risk
factors disclosed under our profile on SEDAR at www.sedar.com.
Readers are cautioned that this list of risk factors should not be
construed as exhaustive.
The forward-looking information contained in this news
release is expressly qualified by this cautionary statement. We
undertake no duty to update any of the forward-looking information
to conform such information to actual results or to changes in our
expectations except as otherwise required by applicable securities
legislation. Readers are cautioned not to place undue reliance on
forward-looking information.
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.
Westcore Energy Ltd.Shane ShircliffChief Operating Officer(306)
649-0600
Westcore Energy (TSXV:WTR)
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Westcore Energy (TSXV:WTR)
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