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Share Name | Share Symbol | Market | Type |
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TSXV:TMV | TSX Venture | Common Stock |
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0.00 | 0.00% | 0 | - |
/THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES./
CALGARY, March 6, 2015 /CNW/ - 3MV Energy Corp. ("3MV" or the "Company") (TSXV: TMV) is pleased to announce that it has agreed to amend and extend its outstanding $2,000,000 secured convertible debentures (the "Debentures"). The Debentures term will be extended for one year from original expiry and mature on February 21, 2016. The Debentures will be convertible at any time until maturity into common shares of the Company at a conversion price of $0.25 per share. Dallas Duce, a director and control person of 3MV, is the sole indirect holder of the Debentures.
The Debenture extension and amendment is subject to acceptance of the TSX Venture Exchange.
About 3MV
3MV is an oil and gas exploration and development company with assets throughout west central Saskatchewan's Viking oil play.
Neither 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 release.
SOURCE 3MV Energy Inc.
Copyright 2015 Canada NewsWire
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