The offer and sale of the notes have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any United States state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. The notes will be offered and sold only to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A and non-U.S. persons outside the United States in compliance with Regulation S under the U.S. Securities Act. In Canada, the notes are to be offered and sold on a private placement basis in certain provinces of Canada. This news release shall not constitute an offer to sell, or a solicitation of an offer to buy, the notes, or any other security and shall not constitute an offer, solicitation, or sale in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful.
About Teine Energy Ltd.
Teine is a Calgary-based exploration, development, and production company focused on acquiring and developing oil and natural gas properties in the Western Canadian Sedimentary Basin. Approximately 90% of Teine’s production is weighted towards oil and natural gas liquids.