CANADA ENERGY PARTNERS ANNOUNCES CLOSING OF PRIVATE PLACEMENT
August 12, 2013
VANCOUVER, BRITISH COLUMBIA - Canada Energy Partners (the “Company”) is pleased to announce that it has closed the private placement, previously announced on July 24th, of 5 million shares of the Company’s common stock at $0.10 per share for total net proceeds of $500,000. There were no brokerage fees associated with the private placement.
Under applicable Canadian securities laws, the shares issued in the private placement are subject to a four-month and one day hold period, expiring on December 10, 2013.
On behalf of the Board of Directors of
Canada Energy Partners Inc.
For more information, please contact:-
CANADA ENERGY PARTNERS INC.
1680-200 Burrard St.
Vancouver, BC V6C 3L6
Main Phone: (604) 909-1154 / Facsimile: (604) 488-0319
Attention: John Proust, Chairman
Direct Phone: (604) 696-9020
Attention: Ben Jones, President and CEO
Direct Phone: (225) 388-9900
Neither 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.