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CALGARY, April 14 /CNW/ - West Energy Ltd.("West" or the "Company") (TSX: WTL) is pleased to announce the mailing of its Information Circular and Proxy Statement ("Information Circular") with respect to an annual and special meeting of the West shareholders. The Information Circular and other related meeting materials are also available under West's profile on SEDAR at www.sedar.com and on its website at www.westenergy.ca.
West has obtained an Interim Order of the Court of Queen's Bench of Alberta providing for, among other things, the holding of an annual and special meeting of West's shareholders which will be held at the Metropolitan Conference Centre, 333 - 4th Avenue SW, Calgary in the Strand / Tivoli Room on Tuesday, May 11 at 10:00 a.m. At the meeting, West's shareholders will be asked to consider, among other things, the previously announced arrangement (the "Arrangement") under the Business Corporations Act (Alberta) involving, among others, West, Daylight Resources Trust and West's shareholders, whereby Daylight Energy Ltd. will acquire all of the issued and outstanding common shares of West, based on the prior completion of the proposed reorganization of Daylight Resources Trust into a corporate structure to operate as Daylight Energy Ltd. See the March 5, 2010 joint press release issued by West and Daylight Resources Trust as well as the Information Circular for further details of the Arrangement.
Certain information regarding West Energy Ltd. in this news release including management's assessment of the future plans and operations and their timing may constitute forward-looking statements under applicable securities laws As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. Additional information on factors that were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking statements and that could cause actual results to differ materially from those anticipated in the forward-looking statements are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or at the Company's website (www.westenergy.ca). Furthermore, the forward-looking statements contained in this news release are made as of the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
SOURCE WEST ENERGY LTD.
For further information: For further information: Ken McCagherty, President and Chief Executive Officer, Email: email@example.com, Direct Phone: (403) 716-3458; Scott Bridge, Vice President Finance and Chief Financial Officer, Email: firstname.lastname@example.org, Direct Phone: (403) 716-3457