CALGARY, Feb. 12, 2014 /CNW/ - Longview Oil Corp. ("Longview" or the
"Company") today announced that the Toronto Stock Exchange (the "TSX")
has deferred its consideration for acceptance of the Company's recently
announced Shareholder Rights Plan (the "Rights Plan") until it is
determined that the Alberta Securities Commission will not intervene in
the event of a take-over bid for the Company. Pursuant to TSX policies,
the TSX automatically defers consideration of acceptance of shareholder
rights plans in such circumstances. The Company also understands that,
pursuant to TSX policies, acceptance of the Rights Plan by the TSX will
also be conditional upon receipt of requisite shareholder approval.
The deferral by the TSX does not affect the adoption or operation of the
Rights Plan, which will remain operative and effective for a minimum of
six months from the date of adoption on February 10, 2014, unless
A copy of the Rights Plan is available under the Company's profile on
SEDAR at www.sedar.com.
SOURCE: Longview Oil Corp.
For further information:
Toll free: 1-855-813-0313
Longview Oil Corp.
700, 400 -3rd Avenue SW
Phone: (403) 718-8000
Fax: (403) 718-8300
Web Site: www.longviewoil.com