TSX-V TRADING SYMBOL: CEC
VANCOUVER, Nov. 2, 2015 /CNW/ - Compliance Energy Corporation (TSX: CEC) (the "Company) or "Compliance Energy") announces that, in light of world events, including the recent shift in American policy towards Cuba, management now intends to evaluate potential investment opportunities in Cuba. In recent months management has developed some business contacts in the area and now intends to focus all corporate efforts on establishing an investment in Cuba that would benefit from these new developments.
At this time, no transactions have concluded nor is there any assurance that a suitable investment in a Cuban project will be concluded in the future. Any transaction, if concluded, will require regulatory approval.
On behalf of the Board of
COMPLIANCE ENERGY CORPORATION
Jim O'Rourke, P. Eng.
Chairman of the Board
Note: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents, filed by the Company on SEDAR at www.sedar.com, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statement.
SOURCE Compliance Energy Corporation
For further information: Jim O'Rourke, Chairman of The Board @ 604-682-2992 ext 223. Email: [email protected]