CALGARY, May 30, 2014 /CNW/ - ARC Equity Management (Fund 6) Ltd. as general partner of ARC Equity Management (Fund 6) Limited Partnership (as the general partner of ARC Energy Fund 6 Canadian Limited Partnership, ARC Energy Fund 6 United States Limited Partnership, ARC Energy Fund 6 International Limited Partnership and ARC Capital 6 Limited Partnership, collectively "ARC Energy Fund 6") of Calgary, Alberta announced that ARC Energy Fund 6 has disposed of 500,000 common shares of Platino Energy Corp. (the "Corporation").
The transactions were conducted over the facilities of the TSX Venture Exchange on May 29, 2014. ARC Energy Fund 6 now exercises control or direction over less than 10% of the outstanding common shares of the Corporation.
ARC Energy Fund 6 is a fund specializing in the energy sector. Although the fund may make further purchases or dispositions of common shares of the Corporation through private purchases or through the facilities of the TSX Venture Exchange, such transactions will be made for investment purposes. This press release has been issued in order to comply with applicable securities legislation.
SOURCE: ARC Energy Fund 6
For further information:
or a copy of the securities acquisition report, please contact:
ARC Equity Management (Fund 6) Ltd.
4300, 400 - 3rd Avenue S.W., Calgary, Alberta