Border Announces Closing of Asset Sale
02 Maio 2014 - 12:00AM
Marketwired
Border Announces Closing of Asset Sale
CALGARY, ALBERTA--(Marketwired - May 1, 2014) - Border Petroleum
Limited ("Border" or the "Corporation") (TSX-VENTURE:BOR) announces
that, subject to final TSX Venture Exchange approval, it has
completed an arm's length transaction pursuant to an Agreement of
Purchase and Sale between the Corporation and a private limited
partnership whereby the Corporation has divested of its Leduc
assets in consideration for $1,800,000 in cash.
Border also announces the termination of John Aihoshi's
employment contract as Chief Financial Officer ("CFO"). Mr. Aihoshi
will continue to serve in the CFO position on a consulting basis as
part of management's commitment to the Corporation's future
growth.
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.
Border Petroleum LimitedAl Kroontje(403) 538-8448(403)
444-5042Border Petroleum LimitedSteve Thompson(403) 538-8448(403)
444-5042Border Petroleum LimitedJohn Aihoshi(403) 538-8448(403)
444-5042www.borderpetroleum.com
Border Petroleum (TSXV:BOR)
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