3MV Energy Announces Termination of Asset Purchase and Sale Agreement

/THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES./

CALGARY, Nov. 4, 2013 /CNW/ - 3MV Energy Corp. ("3MV" or the "Company") (TSXV: TMV) announces termination of its previously announced (September 26, 2013) Asset Purchase and Sale Agreement with an arms' length private energy company (the "Transaction"), upon the Purchaser failing to obtain financing. 3MV had agreed to sell a land package in west central Saskatchewan, related inventory and equipment within the property (the "Assets") to the private energy company.

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.

The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of any offer to buy nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or jurisdiction.

The forward-looking statements contained in this document are made as of the date hereof and 3MV undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

SOURCE: 3MV Energy Inc.

For further information:

Dallas Duce
Interim CEO
(403) 234-8998

or

Billy Abbey
CFO, VP Finance
(403) 234-8998

Organization Profile

3MV Energy Inc.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890