CALGARY, ALBERTA — (Marketwired) — 12/01/14 — Bonavista Energy Corporation (“Bonavista”) (TSX: BNP) is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.27391 to 1.28262. This increase will be effective on December 15, 2014 (the “Effective Date”).
The following are the details of the calculation of the Exchange Ratio:
A holder of Bonavista exchangeable shares can exchange all or a portion of their holdings into Bonavista common shares, at any time, by giving notice to their investment advisor or Valiant Trust Company at its principal transfer office in Suite 310, 606 – 4th Street S.W., Calgary, Alberta, T2P 1T1.
Please visit our website at for detailed corporate information.
Bonavista is a mid-sized energy corporation committed to prudently operating high quality oil and natural gas properties and providing consistent returns to our shareholders while ensuring financial strength and sustainability.
Contacts:
Bonavista Energy Corporation
Glenn A. Hamilton
Senior Vice President & CFO
(403) 213-4300
Berk Sumen
Manager, Investor Relations
(403) 213-4300