Platino Energy Corp. Completes Share Issuance to Pacific Rubiales Energy Corp. in Respect of Agreement Regarding Reimbursemen...
06 Janeiro 2014 - 9:04PM
Marketwired
Platino Energy Corp. Completes Share Issuance to Pacific Rubiales
Energy Corp. in Respect of Agreement Regarding Reimbursement Claim
CALGARY, ALBERTA--(Marketwired - Jan 6, 2014) - Further to the
press release of Platino Energy Corp. ("Platino") (TSX-VENTURE:PZE)
dated December 5, 2013, Platino announces that it has issued
1,000,000 common shares (the "Platino Shares") to Pacific Rubiales
Energy Corp. ("Pacific Rubiales"). The Platino Shares were issued
in connection with the final settlement of Pacific Rubiales' claim
pursuant to a reimbursement agreement between Platino and C&C
Energia Ltd. ("C&C") entered into in connection with the plan
of arrangement pursuant to which Pacific Rubiales acquired C&C
and Platino was spun off to the former shareholders of C&C.
About Platino Energy Corp.
Platino is a
Calgary, Alberta headquartered resource company engaged in the
exploration for, and the acquisition, development and production of
hydrocarbons in Colombia.
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.
Platino Energy Corp.In BogotaTomas Villamil President &
Chief Executive Officer+57(1) 235-0007Platino Energy Corp.Andres
CuencaController & Interim Chief Financial Officer+57(1)
235-0007Platino Energy Corp.In CalgaryTyler RimbeyVice President,
Business Development+1(403) 262-6046
(TSXV:PZE)
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