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ALX Alexander Energy Ltd

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Share Name Share Symbol Market Type
Alexander Energy Ltd TSXV:ALX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Alexander Energy Ltd. Announces Proposed Private Placement of Common Shares

29/08/2013 11:21pm

Marketwired Canada


Alexander Energy Ltd. ("Alexander" or the "Company") (TSX VENTURE:ALX) announced
today its intention to complete a non-brokered private placement offering of
common shares at a price of $0.15 per share, for gross proceeds of up to
$1,300,000.


The closing of the offering is expected to occur on or about September 16, 2013
and is subject to regulatory approval, including approval of the TSX Venture
Exchange. For further details on the offering, please contact the Company. The
common shares issued in connection with the offering will be subject to a hold
period of four months from the date of closing. The net proceeds from the
offering will be used for general working capital purposes.


Forward-Looking Statements: This news release may contain certain
forward-looking information. All statements included herein, other than
statements of historical fact, is forward-looking information and such
information involves various risks and uncertainties. There can be no assurance
that such information will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such information. A
description of assumptions used to develop such forward-looking information and
a description of risk factors that may cause actual results to differ materially
from forward-looking information can be found in the company's disclosure
documents on the SEDAR website at www.sedar.com. The company does not undertake
to update any forward-looking information except in accordance with applicable
securities laws.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


To receive Press Releases and Corporate Updates directly via email send your
email address to info@alexanderenergy.ca.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alexander Energy Ltd.
Daniel T. Wilson
Chief Executive Officer
(403) 523-2504 or Mobile: (403) 874-9862
(403) 264-1348 (FAX)
dwilson@alexanderenergy.ca


Alexander Energy Ltd.
1540, 521-3 Avenue S.W.
Calgary, Alberta T2P 3T3
www.alexanderenergy.ca

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