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Valparaiso Energy Inc.: Consolidation of Common Shares

September 21, 2015 4:16 PM
Marketwired

CALGARY, ALBERTA–(Marketwired – Sept. 21, 2015) –

NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH UNITED STATES WIRE SERVICES.

Valparaiso Energy Inc. (the “Corporation“) (TSX VENTURE:VPO.H) is pleased to announce effective September 23, 2015, pursuant to a shareholder resolution passed at the Corporation’s Annual General and Special Meeting held August 21, 2015, the consolidation of its common shares on a 4:1 basis. Post-consolidation, the Corporation will have 11,805,392 common shares issued and outstanding. The post-consolidation common shares of the Corporation will commence trading on the NEX under the symbol “VPO.H” at the opening of market on Wednesday, September 23, 2015.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

This news release may contain certain forward-looking statements that reflect the current views and/or expectations of Valparaiso Energy Inc. with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Specifically, certain of the transactions referenced herein are subject to regulatory approval, and there can be no guarantee that such approvals will be received, in a timely manner or at all. Actual results and events may vary.

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.

Valparaiso Energy Inc.
William J. Wylie
403.266.5515 (Ext. 4)
Bill@raptap.com
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