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Update Regarding the Acquisition of Non-Operated Onshore Production Assets in Brazil and CAD$4MM Private Placement of 80MM Shares at CAD$0.05
Update Regarding the Acquisition of Non-Operated Onshore Production Assets in Brazil and C...
About this update from Petro-victory Energy Corp Class A
[{"type":"text","content":"\n\n\n\nUpdate Regarding the Acquisition of Non-Operated Onshore Production Assets in Brazil and CAD$4MM Private Placement of 80MM Shares at CAD$0.05\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, July 13, 2017\n\n\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./\n\n\n\nCALGARY, July 13, 2017 /CNW/ - Petro-Victory Energy (TSX-V: VRY), (\"Petro-Victory\" or the \"Company\"), is pleased to announce further information in connection with its announcement of July 12, 2017 in connection with the proposed acquisition of a portfolio of non-operated production interests in Brazil from Empresa de Engenharia de Petróleo Ltda. (\"ENGEPET\") for an aggregate of US$1.9 million (the \"Acquisition\") to complement the current royalty interests in Paraguay.\n\n\n \n \n\n \nIn accordance with the TSX Venture Policies, the TSX Venture has requested a routine halt of the Common Shares of the Company. The purpose of the halt is to allow the TSX Venture to review certain materials in connection with the Acquisition. A further news release will be issued in advance of the resumption of trading.\n\nReaders are directed to the press release dated July 12, 2017 for further information in connection with the Acquisition.\n\nThis press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\"), or any state securities laws and may not be offered or sold within the United States unless an exemption from such registration is available.\n\nCautionary Note\n\nNeither the TSX Venture Exchange nor its Regulation Se...