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DEX Almadex Minerals Ltd

0.25
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Almadex Minerals Ltd TSXV:DEX 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% 0.25 0.245 0.25 0.25 0.25 0.25 37,500 19:39:08

Detector Purchases Gas Production

04/07/2014 2:00pm

Marketwired Canada


Detector Exploration Ltd. (TSX VENTURE:DEX) ("Detector") is pleased to announce
that it will be acquiring gas properties in the West Pembina area of Alberta.
The properties were marketed in a divestiture package and include 85 sections of
land and working interests in 60 shallow gas wells. At current gas prices the
net production of approximately 1.3mmcf/d will add significantly to Detector's
cash flow and aid in moving the balance sheet toward a positive cash flow.


Funds, approximately $650,000 Canadian dollars required to complete the
transaction, are to be arranged through debt financing. 


Detector is an oil and gas corporation whose shares are listed for trading on
TSX Venture Exchange Inc. under the symbol DEX.


The officer responsible for issuance of this press release and who may be
contacted for further information is:




                       Ronald E. Alexander, President                       
                          Detector Exploration Ltd.                         
                      Suite 300, 744 - 4th Avenue S.W.                      
                          Calgary, Alberta, T2P 3T4                         
                          Telephone (403) 264-1880                          
                             Fax (403) 264-7401                             
                          Email: detectorex@shaw.ca                         



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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Detector Exploration Ltd.
Ronald E. Alexander
President
(403) 264-1880
(403) 264-7401 (FAX)
detectorex@shaw.ca

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