Paris Energy Inc. Announces Non-Binding Letter of Intention With Respect to Potential Corporate Transaction
June 23 2014 - 5:15PM
Marketwired
Paris Energy Inc. Announces Non-Binding Letter of Intention With
Respect to Potential Corporate Transaction
CALGARY, ALBERTA--(Marketwired - Jun 23, 2014) - Paris Energy
Inc. (TSX-VENTURE:PI) (the "Company") announces that it has entered
into a non-binding letter of intent with respect to a possible
corporate transaction. There are no assurances that a definitive
agreement with respect to the transaction will be entered into or
that if entered into, that the transaction will be completed.
The Company will issue a further press release outlining more
information with respect to the possible transaction once a
definitive agreement is entered into, which is expected to be in
early July, 2014. It is anticipated that trading of the shares of
the Company will remain halted until the transaction is completed
or it is determined not to enter into or complete the
transaction.
Neither the TSX
Venture Exchange nor its Regulation Service Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
Paris Energy Inc.Robert W. LamondPresident & CEO(403)
269-9889(403) 269-9890Paris Energy Inc.Charles A. TeareChief
Financial Officer(403) 269-9889(403) 269-9890