CUT BANK, MT, Jan. 28 /CNW/ - Further to its news release dated December
31, 2010, Mountainview Energy Ltd. (TSXV: MVW) (the "Company") is
pleased to announce that it has received conditional acceptance from
the TSX Venture Exchange (the "Exchange") for the completion of its
previously announced reverse takeover transaction and concurrent
financing. Trading in the Company's common shares remains halted
pending final Exchange acceptance of the reverse takeover transaction.
Mountainview Energy Ltd is a public Oil and Gas Company listed on the
Exchange, whose primary focus is on the exploration, production and
development of the Bakken and Three Forks Shale in the Williston Basin
and the South Alberta Bakken Play.
ON BEHALF OF THE BOARD OF MOUNTAINVIEW ENERGY LTD.
"Patrick M. Montalban"
President & CEO
"Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release."
SOURCE Mountainview Energy Ltd.
For further information:
MOUNTAINVIEW ENERGY LTD.
PO Box 200
Cut Bank, MT 59427
Phone: (406) 873-2235 Fax: (406) 873-2835