Business
New Zealand Energy to Extend Expiry Date of Warrants
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2014) - New Zealand Energy Corp. ...
About this update from New Zealand Energy Corp.
[{"type":"text","content":"\nNew Zealand Energy to Extend Expiry Date of WarrantsVancouver, British Columbia--(Newsfile Corp. - September 30, 2014) - \nNew Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF) (\"NZEC\" or the \n\"Company\")  today announced that it proposes to extend the expiry date of 24,452,173 share \npurchase warrants that were issued pursuant to a non-brokered private placement financing in November 2013.\n\nEach warrant is currently exercisable to purchase one common share of the Company at an exercise price of $0.45 per share until October 28, 2014. The Company proposes to amend the warrants to extend the expiry date to October 28, 2015. All \nother terms of the warrants remain unchanged and in full force and effect. The amendment of the warrants is subject to the approval of the TSX Venture Exchange. \n\nOn behalf of the Board of Directors \n\n\"John Proust\" \n\nChief Executive Officer & Director\n\nAbout New Zealand Energy Corp. \n\nNZEC is an oil and natural gas company engaged in the production, development and exploration of petroleum and natural gas assets in New Zealand. NZEC’s property portfolio collectively covers approximately 1.15 million acres of conventional \nand unconventional prospects in the Taranaki Basin and East Coast Basin of New Zealand’s North Island. The Company’s management team has extensive experience exploring and developing oil and natural gas fields in New Zealand and Canada, \nand takes a multi-disciplinary approach to value creation with a track record of successful discoveries. NZEC plans to add shareholder value by executing a technically disciplined exploration and development program focused on the onshore and \noffshore oil and natural gas resources in the politically and fiscally stable country of New Zealand. NZEC is listed on the TSX Venture Exchange under the symbol NZ and on the OTCQX International under the symbol NZERF. More information is available \nat www.newzealandenergy.com or by emailing \[email protected]. \n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n\nFORWARD-LOOKING INFORMATION \n\nThis news release contains certain forward-looking information and forward-looking statements within...