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Athabasca Oil Corporation Provides Joint Venture Clarification
CALGARY, Aug. 31, 2012 /CNW/ - Athabasca Oil Corporation (TSX:  ATH) is responding to ...
About this update from Athabasca Oil Corporation
[{"type":"text","content":"\n\n\n\n\n\nCALGARY, Aug. 31, 2012 /CNW/ - Athabasca Oil Corporation (TSX:  ATH) is\n responding to a requirement from Investment Industry Regulatory\n Organization of Canada (IIROC) to comment on the article appearing in\n today's Globe and Mail regarding Athabasca having signed a memorandum\n of understanding for a joint venture.\n\n\nAthabasca confirms that it has signed a letter of intent that\n contemplates a joint venture involving Athabasca's Hangingstone and\n Birch properties.\n\n\nThe proposal contained in the letter of intent is conditional upon,\n among other things, finalization of definitive documentation and the\n receipt of all necessary internal and regulatory approvals. Athabasca\n cautions that no assurance can be given that the transaction\n contemplated by the letter of intent will be completed.\n\n\nAthabasca does not intend to make any further announcements or\n communications regarding this potential transaction until either a\n definitive agreement has been reached or it determines that disclosure\n of developments is appropriate.\n\n\nSOURCE: Athabasca Oil Corporation\n\n\n Media        Heather Douglas Vice President, Communications & External Affairs  (403) [email protected] Financial Community  Andre De Leebeeck Director, Partner & Investor Relations (403) [email protected] Tracy Robinson Manager, Investor Relations (403) [email protected] \n","length":1761,"tagName":"div"}]