Caza Oil & Gas, Inc. Issue of Equity (8846Z)
23 Setembro 2015 - 3:01AM
UK Regulatory
TIDMCAZA
RNS Number : 8846Z
Caza Oil & Gas, Inc.
23 September 2015
Not for Dissemination in the United States or to any United
States News Service
September 23, 2015
Caza Oil & Gas, Inc.
ISSUE OF EQUITY
HOUSTON, TEXAS (Marketwire - September 23, 2015) - Caza Oil
& Gas, Inc. ("Caza" or the "Company") (TSX: CAZ) (AIM: CAZA)
announces that it has issued 12,413,677 common shares (the "New
Common Shares") to YA Global Master SPV Ltd., an investment fund
managed by Yorkville Advisors Global, LP, and Global Market Neutral
Strategies SICAV P.L.C. (collectively, the "Investors") at a price
of GBP0.013624 per share pursuant to receiving a conversion notice
on September 1, 2015, and in accordance with the terms of the $4.0
million convertible unsecured loan between the Company and the
Investors, which was announced on February 19, 2015.
Application has been made to the London Stock Exchange for the
New Common Shares, which will rank pari passu with the Company's
outstanding common shares, to be admitted to trading on AIM, and
admission is expected to become effective on September 25,
2015.
Following admission, the Company will have 255,572,960 common
shares outstanding. The figure of 255,572,960 common shares may be
used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or change their interest in, the Company under the
Financial Conduct Authority's Disclosure and Transparency
Rules.
About Caza
Caza is engaged in the acquisition, exploration, development and
production of hydrocarbons in the following regions of the United
States of America through its subsidiary, Caza Petroleum, Inc.:
Permian Basin (Southeast New Mexico and West Texas) and Texas and
Louisiana Gulf Coast (on-shore).
For further information, please contact:
Caza Oil & Gas, Inc.
Michael Ford, CEO +1 432 682 7424
John McGoldrick, Chairman +351 282 471 010 (Portugal)
Cenkos Securities plc
Neil McDonald +44 131 220 6939 (Edinburgh)
Nick Tulloch +44 131 220 9772 (Edinburgh)
VIGO Communications
Chris McMahon +44 20 7016 9570
The Toronto Stock Exchange has neither approved nor disapproved
the information contained herein.
ADVISORY STATEMENT
Information in this news release that is not current or
historical factual information may constitute forward-looking
information within the meaning of securities laws. Such information
is often, but not always, identified by the use of words such as
"seek", "anticipate", "plan", "schedule", "continue", "estimate",
"expect", "may", "will", "hope", "project", "predict", "potential",
"intend", "could", "might", "should", "believe", "develop", "test",
"anticipation" and similar expressions. In particular, information
regarding the price, issuance and admission to trading of New
Common Shares contained in this news release constitutes
forward-looking information within the meaning of securities
laws.
Such forward looking information is subject to certain risks,
assumptions and uncertainties including the assumption that the
conversion notice and issuance of New Common Shares disclosed
herein shall be completed in accordance with the convertible loan
agreement. For more exhaustive information on these risks,
assumptions and uncertainties you should refer to the Company's
most recently filed annual information form which is available at
www.sedar.com and the Company's website at www.cazapetro.com. You
should not place undue importance on forward-looking information
and should not rely upon this information as of any other date.
While we may elect to, we are under no obligation and do not
undertake to update this information at any particular time except
as may be required by securities laws.
This news release is not for dissemination in the United States
or to any United States news services. The New Common Shares have
not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or
any state securities laws and may not be offered or sold in the
United States or to any U.S. person except in certain transactions
exempt from the registration requirements of the U.S. Securities
Act and applicable state securities laws. This press release does
not constitute an offer to sell or 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
September 23, 2015 02:01 ET (06:01 GMT)
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