Leader Energy Services Announces Extension to Credit Facility

Leader Energy Services Announces Extension to Credit Facility
  
 

CALGARY, ALBERTA--(Marketwired - Jan 31, 2014) - Leader Energy Services Ltd. ("Leader" or the "Company") (TSX-VENTURE:LEA) announced that it has reached agreement with its lender to extend the term of its $1.0 million demand non-revolving single advance loan. Originally due January 31, 2014, this facility is now repayable on April 30, 2014.

Leader provides well stimulation services in western Canada. Further information on Leader can be found under the Company's listing at www.sedar.com and on the Company's website at www.leaderenergy.com.

Forward-looking Information

This press release contains certain statements or disclosures relating to the Company that are based on the expectations of the Company as well as assumptions made by and information currently available to the Company which may constitute forward-looking information under applicable securities laws. All such statements and disclosures, other than those of historical fact, which address activities, events, outcomes, results or developments that the Company anticipates or expects may, or will occur in the future (in whole or in part) should be considered forward-looking information.

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

Leader Energy Services Ltd.Rod HauserPresident & CEO(403) [e-mail] Energy Services Ltd.Jason Krueger, CFAExecutive VP & Director(403) [e-mail] Energy Services Ltd.Graham Reid, CAVP Finance & CFO(403) [e-mail]