Alston Energy Inc. provides update on CCAA filing

CALGARY, Jan. 9, 2014 /CNW/ - Alston Energy Inc. ("Alston" or the "Company") announces today that, further to its press releases dated December 9, 2013 and December 11, 2013, it has received an Order under the Companies' Creditors' Arrangement Act (Canada) ("CCAA") from the Court of Queen's Bench of Alberta extending the protection from its creditors granted by the Court under its Initial Order until March 7, 2014.

The common shares of Alston Energy Inc. trade on the TSX Venture Exchange under the trading symbol "ALO". The common shares will continue to trade on the facilities of the TSX Venture Exchange during the CCAA process described herein. Further press releases will be provided throughout the process.

For additional information about Alston please visit our website www.alstonenergy.ca or under the company profile on SEDAR www.sedar.com.

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 press release.

SOURCE Alston Energy Inc.

For further information:

ALSTON ENERGY INC. 

Don K. Umbach, President & CEO
Tel.: (403) 265-2770 Ext. 222
Email: don.umbach@alstonenergy.ca

Neil G. Burrows, VP Finance & CFO
Tel.: (403) 265-2770 Ext. 228
Email: nburrows@alstonenergy.ca