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TSXV Trading Symbol: SWE
CALGARY, Aug. 21, 2014 /CNW/ - SilverWillow Energy Corporation (TSXV:SWE) has filed its second quarter financial statements and management's discussion and analysis for the quarter ended June 30, 2014.
In light of the progress made to date by the corporation in scaling back its operations to reduce expenses, as well as the potential interest of all shareholders of the corporation in any future strategic initiatives that may be available to the corporation, the Board of Directors has dissolved its previously formed independent committee which was formed to oversee its strategic review process. The Board intends to continue actively considering and evaluating potential strategic initiatives as a complete board in the ongoing financial and strategic review process.
About SilverWillow Energy
SilverWillow Energy Corporation is a Calgary, Alberta based pre-production oil sands company with a portfolio of exploration leases in Canada's Athabasca oil sands. To learn more, please visit www.swenergy.ca.
NEITHER THE 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: SilverWillow Energy Corporation
For further information: Howard J. Lutley, President and Chief Executive Officer, at (403) 538-7030.