TORONTO, Aug. 19 /CNW/ - Navina Asset Management Inc. ("Navina") announced it has acquired control or direction 11,764,714 restricted (November 20 2010) common shares of Petroworth Resources Inc. ("Petroworth"; CNSX: PTW) through funds it manages ("Navina Funds"). This represents approximately 18.79% of the total issued and outstanding common shares of Petroworth.
Navina Funds acquired shares of PTW for investment purposes.
Navina Asset Management Inc. is a specialized global asset management firm with interests and investments in Canada and around the world.
SOURCE NAVINA ASSET MANAGEMENT INC.
For further information: For further information: Catherine Stretch, (416) 362-6283, firstname.lastname@example.org, www.navinaasset.com