CALGARY, Oct. 16, 2013 /CNW/ - Gear Energy Ltd. ("Gear") is pleased to
announce the filing of a non-offering preliminary prospectus with the
securities regulatory authorities in Alberta and Ontario. A copy of
this preliminary prospectus will be available on Gear's SEDAR profile
at (www.sedar.com) and Gear's website (www.gearenergy.com). Gear also announces that is has made an application to list its
common shares on the Toronto Stock Exchange.
Gear is a Canadian exploration and production company with predominantly
horizontal heavy oil production in east central Alberta and west
central Saskatchewan. The current and ongoing business plan is to
continue focusing on being a low cost heavy oil operator, drilling
economic wells and acquiring assets on an accretive basis.
FORWARD LOOKING INFORMATION
This press release includes statements that express the Company's
opinions, expectations, beliefs, plans or objectives regarding future
events or future results, and therefore are, or maybe deemed to be,
The forward-looking statements contained in this press release speak
only as of the date of this press release. Except as expressly required
by applicable securities laws, Gear does not undertake any obligation
to publicly update or revise any forward looking statements, whether as
a result of new information, future events or otherwise. The
forward-looking statements contained in this press release are
expressly qualified by this cautionary statement.
SOURCE: Gear Energy Ltd.
For further information:
Ingram B. Gillmore
Gear Energy Ltd.
President and Chief Executive Officer