Falcon Oil & Gas Ltd.-Extension of Term for Existing Warrants
19 Junho 2014 - 3:00AM
Marketwired
Falcon Oil & Gas Ltd.-Extension of Term for Existing Warrants
DUBLIN, IRELAND--(Marketwired - Jun 19, 2014) - Falcon Oil &
Gas Ltd. (TSX-VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon" or the
"Company") announces today, that further to its press release of 13
July 2011 which announced the closing of the Beetaloo Participation
Agreement and the granting by Falcon to Hess Oil and Gas Holdings
Inc. ("Hess") a warrant exercisable for 10,000,000 common shares in
the capital of Falcon ("Common Share") at a price of CDN$0.19 per
Common Share for a period from November 14, 2011 until January 13,
2015, the extension of the warrant to January 13, 2020 to
facilitate the termination of the Participation Agreement and Joint
Operating Agreements with Hess. All other terms remain unchanged.
The extension is subject to TSXV approval.
About Falcon Oil & Gas Ltd.
Falcon is an international oil & gas company engaged in the
acquisition, exploration and development of conventional and
unconventional oil and gas assets, with the current portfolio
spread between Australia, South Africa and Hungary. Falcon is
incorporated in British Columbia, Canada and headquartered in
Dublin, Ireland with a technical team based in Budapest,
Hungary.
For further information on Falcon Oil & Gas Ltd. please
visit www.falconoilandgas.com.
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.
Certain information in this press release may constitute
forward-looking information. This information is based on current
expectations that are subject to significant risks and
uncertainties that are difficult to predict. Actual results might
differ materially from results suggested in any forward-looking
statements. Falcon assumes no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those reflected in the forward
looking-statements unless and until required by securities laws
applicable to Falcon. Additional information identifying risks and
uncertainties is contained in Falcon's filings with the Canadian
securities regulators, which filings are available at
www.sedar.com.
Falcon Oil & Gas Ltd.+353 1 417 1900Philip O'Quigley,
CEO+353 87 814 7042John Craven, Non-Executive Chairman+353 1 417
1900CAMARCOBilly Clegg+44 20 3757 4983Georgia Mann+44 20 3757
4980Davy (NOMAD & Joint Broker)John Frain / Anthony Farrell+353
1 679 6363GMP Securities Europe LLP (Joint Broker)Rob Collins / Liz
Williamson+44 20 7647 2800
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