FORT WORTH, TX, May 21, 2013 /CNW/ - Breezer Ventures Inc. (BRZV)
(OTCQB:BRZV.PK), a Fort Worth, Texas based company, focused on the
development and commercialization of its oil and gas wells in Texas,
today announced that it is planning a new equity financing opportunity
that would provide the funding necessary to carry out its aggressive
2013 oil production strategy. The number of shares to be offered and
the price range for the offering have not yet been determined.
Breezer will use the net proceeds from the offering to expand and speed
up its development and commercialization of its portfolio of six oil
and gas wells. In addition, the Company will further use the net
proceeds to explore other oil and gas investments in the USA; exercise
options on other wells located on the Jackson Fields; and, for general
"Completion of this financing demonstrates our commitment to our
shareholders and will enable us to commercialize our oil and gas assets
more rapidly" as stated by Tang Xu, Breezer's President.
About Breezer Ventures Inc.
Breezer Ventures Inc. is an oil and gas company engaged in the
acquisition and development of producing oil and gas properties.
Breezer owns a portfolio of oil and gas assets located in the Jackson
This press release may include certain statements that are
forward-looking in nature. Such forward-looking statements are within
the meaning of that term in Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. The forward-looking statements in this press release are based
on Breezer Ventures Inc.'s current expectations and projections
regarding future events, which are based on currently available
information. The forward-looking statements in this press release may
also include statements relating to Breezer Ventures Inc.'s anticipated
new developments, business prospects, financial performance, strategies
and similar matters. Breezer Ventures Inc. disclaims any obligation to
update any of its forward-looking statements, except as may be required
by law. Investors should consult all of the information set forth
herein and should also refer to the risk factors disclosure outlined in
our most recent annual report for our last fiscal year, our quarterly
reports, and other periodic reports filed from time-to-time with the
Securities and Exchange Commission.
ON BEHALF OF THE BOARD OF DIRECTORS,
Tang Xu, President & Director
SOURCE: Breezer Ventures