CALGARY, March 20, 2014 /CNW/ - Montana Exploration Corp. ("Montana" or the "Company") (TSXV:MTZ) has agreed to the extension of the 17,500,000 common share
purchase warrants (the "Warrants") issued to Blue Sky Exploration Limited (formerly named Wolseley
Ventures Limited), an affiliate of Julian McIntyre, a control person
and director of Montana. The Warrants were issued on March 22, 2013 and
had an original term expiring on March 22, 2014, which has been amended
and extended to March 22, 2015. The Warrants will remain unamended in
all other respects.
About Montana Exploration Corp.
Montana is a Canadian junior oil and gas exploration and production
company focusing on the Shaunavon oil opportunities underlying its
extensive land holdings in the state of Montana. In the United States
the company operates through its wholly owned subsidiary, Montana Land
& Exploration, Inc. Montana's common shares are listed on the TSX
Venture Exchange under the trading symbol "MTZ". Additional
information regarding Montana is available under Montana's profile at
www.sedar.com or at Montana's website, www.montanaexplorationcorp.com.
Forward Looking Statements
This press release contains statements that constitute "forward-looking
information" or "forward-looking" statements" (collectively
"forward-looking information") within the meaning of applicable
securities legislation. Forward-looking information is often, but not
always, identified by the use of words such as "anticipate", believe",
"expect", "plan", "intend", "forecast", "target", "project",
"guidance", "may", "will", "should" "could", "estimate", "predict" or
similar words suggesting future outcomes or language suggesting an
outlook. This forward-looking information includes, among others, the
focus of the Company and other expectations, beliefs, plans, goals,
objectives, assumptions, information and statements about possible
future events, conditions, results of operations or performance.
Forward-looking information is based on current expectations, estimates
and projections that involve a number of risks, which could cause
actual results to vary and in some instances to differ materially from
those anticipated by Montana and described in the forward-looking
information contained in this press release. Undue reliance should not
be placed on forward-looking information.
The forward-looking statements and information contained in this press
release are also affected by the risk factors, forward-looking
statements and assumptions and uncertainties described in Montana's
reports on file with applicable securities regulatory authorities and
which may be accessed on its SEDAR profile at www.sedar.com. Readers
are cautioned that the foregoing list of factors that may affect future
results is not exhaustive. When relying on our forward-looking
statements to make decisions with respect to Montana, investors and
others should carefully consider the foregoing factors and other
uncertainties and potential events. Furthermore, the forward-looking
statements contained in this press release are made as of the date of
this press release and Montana does not undertake any obligation to
update publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events or
otherwise, except as required by applicable law. The forward-looking
statements contained in this joint press release are expressly
qualified by this cautionary statement.
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 RELEASE.
SOURCE: Montana Exploration Corp.
For further information:
Montana Exploration Corp.
Chairman and Chief Executive Officer
Telephone: (403) 265-9091
Telephone: (403) 265-9091