Re: ARC Energy Venture Fund 4 Holdings in Cequence Energy Ltd.
CALGARY, Sept. 10 /CNW/ - ARC Energy Venture Fund 4 of Calgary, Alberta announced that as a result of the plan of arrangement effective September 10, 2010, involving Temple Energy Inc. ("Temple"), Temple's shareholders, Cequence Energy Ltd. ("Cequence") and Cequence Acquisitions Ltd., that ARC Energy Venture Fund 4 (together with ARC Energy Venture Fund 3) now exercises control or direction over 17,961,104 Common Shares, representing approximately 14.5% of the issued and outstanding Common Shares.
ARC Energy Venture Fund 4 is a fund specializing in the energy sector, and is part of the ARC Financial group. Although ARC Energy Venture Fund 4 may make further purchases of common shares of Cequence through private purchases or through the facilities of the Toronto Stock Exchange, such purchases will be made for investment purposes.
This press release has been issued in order to comply with applicable securities legislation.
For further information: or a copy of the securities report contact: Lauchlan Currie, President, ARC Equity Management (Fund 4) Ltd., 4300, 400 - 3rd Avenue S.W., Calgary, Alberta, Telephone: 403-292-0680, Fax: 403-292-0579
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