Powder Mountain Energy Ltd - Officer’s Dealing
Calgary, Alberta (FSCwire) - Powder Mountain Energy Ltd. (“Powder Mountain”) (TSX-V: PDM) announces that it has received notice that Daniel Tiberio, Chief Operating Officer of Powder Mountain, will be selling up to 50,000 Common Shares of Powder Mountain to facilitate settlement of matrimonial matters.
Following the sale, Mr. Tiberio will have an interest in 275,085 Common Shares. Mr. Tiberio has advised that the sale of these Common Shares will be conducted in an orderly manner in an effort to minimize any adverse impact on the market for the Common Shares of Powder Mountain Energy Ltd.
Not for distribution to U.S. news wire services or dissemination in the United States.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward Looking Statements:
Certain disclosures in this release constitute forward-looking information. Forward-looking statements included in this release are with respect to the expectation of the future sale of Common Shares of Powder Mountain by Mr. Tiberio and the impact this sale will have on the market for Common Shares of Powder Mountain. This expectation is based on notice from Mr. Tiberio that such a sale is expected to occur and the manner by which it will be conducted. In making the forward-looking statements in this release, Powder Mountain has assumed the contemplated sale will occur as described in the notice provided by Mr. Tiberio. Although Powder Mountain considers this assumption to be reasonable based on information currently available to it, it may prove to be incorrect, and the forward-looking statements in this release are subject to risks that may cause future results to differ materially from those expressed or implied. Material risk factors which could cause actual results to differ include, but are not limited to, changes in the divorce settlement of Mr. Tiberio, or revocation of Mr. Tiberio’s notice. Readers are cautioned not to place undue reliance on forward-looking statements.
For further information contact:
Bruce Murray
President & CEO
Tel: 403-930-4061
Email: [email protected]
Website: www.powdermtnenergy.com
Daniel Tiberio
COO
Tel: 403-930-4070
Email: [email protected]
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/powder09052014.pdf
Source: Powder Mountain Energy Ltd. (TSX Venture:PDM) http://www.powdermtnenergy.com
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