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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| TSXV:NWN | 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 | - |
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NWest Energy Corp. ("NWest" or the "Corporation") (TSX VENTURE:NWN) announced
that it and Caribe Oil & Gas Ltd. ("Caribe") have mutually agreed to terminate
the non-binding letter of intent dated February 24, 2012 (the "Letter of
Intent"), announced in a news release issued by NWest on March 5, 2012. Recent
actions by governmental authorities in Argentina have made it unlikely that
NWest and Caribe could raise a private placement with gross proceeds of not less
than $20,000,000, a condition of the Letter of Intent, now or in the foreseeable
future. NWest plans to pursue other petroleum and natural gas opportunities.
Except for historical information contained herein, this news release contains
forward-looking statements that involve risks and uncertainties. More detailed
information about potential factors that could affect financial results is
included in the documents filed from time to time with the Canadian securities
regulatory authorities by NWest.
1 Year NWest Energy Corp. Chart |
1 Month NWest Energy Corp. Chart |
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