CALGARY, Oct. 10, 2013 /CNW/ - Emerald Bay Energy Inc. (TSX Venture:
EBY) (the "Company" or "Emerald Bay") announces that it has made an application to the TSX Venture Exchange
(the "Exchange") to extend the term of all share purchase warrants (the
"Warrants") that were originally issued on October 25, 2012 from twelve
(12) months to eighteen (18) months from the date of issuance in
accordance with Exchange policies. The Warrants that are the subject
of the extension application consist of an aggregate of 29,680,000
Warrants, each with an exercise price of $0.10 per Warrant, which were
issued in connection with the Company's private placement that closed
on October 25, 2012. The foregoing Warrants are set to expire on
October 25, 2013 and the application being submitted to the Exchange is
to extend the expiry date until April 25, 2014.
Completion of the warrant extension is subject to the final approval of
the TSX Venture Exchange.
About Emerald Bay
Emerald Bay Energy Inc., based in Calgary, is a junior oil and gas
producer with production properties in Western Canada and South Texas.
The common shares of Emerald Bay trade on the TSX Venture Exchange
under the symbol "EBY". Please visit our website at www.emeraldbayenergy.com.
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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.
SOURCE: Emerald Bay Energy Inc.
For further information:
Emerald Bay Energy Inc.: President, Shelby D. Beattie, by telephone at (403) 262-6000 or by email at firstname.lastname@example.org,
CHF Investor Relations: Robin Cook, Senior Account Manager, (416) 868-1079 x228, email@example.com.