CALGARY, March 6, 2015 /CNW/ – 3MV Energy Corp. (“3MV” or the “Company“) (TSXV: TMV) is pleased to announce that it has agreed to amend and extend its outstanding $2,000,000 secured convertible debentures (the “Debentures“). The Debentures term will be extended for one year from original expiry and mature on February 21, 2016. The Debentures will be convertible at any time until maturity into common shares of the Company at a conversion price of $0.25 per share. Dallas Duce, a director and control person of 3MV, is the sole indirect holder of the Debentures.
The Debenture extension and amendment is subject to acceptance of the TSX Venture Exchange.
3MV is an oil and gas exploration and development company with assets throughout west central Saskatchewan’s Viking oil play.
SOURCE 3MV Energy Inc.
For further information: Dallas Duce, Interim CEO, (403) 234-8998; Billy Abbey, CFO, VP Finance, (403) 234-8998