3MV Energy Announces Extension to Convertible Debenture
March 06 2015 - 6:00PM
PR Newswire (Canada)
/THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES./
CALGARY, March 6, 2015 /CNW/ - 3MV Energy Corp.
("3MV" or the "Company") (TSXV: TMV) is pleased to
announce that it has agreed to amend and extend its outstanding
$2,000,000 secured convertible
debentures (the "Debentures"). The Debentures term will be
extended for one year from original expiry and mature on
February 21, 2016. The
Debentures will be convertible at any time until maturity into
common shares of the Company at a conversion price of $0.25 per share. Dallas Duce, a director
and control person of 3MV, is the sole indirect holder of the
Debentures.
The Debenture extension and amendment is subject to acceptance
of the TSX Venture Exchange.
About
3MV
3MV is an oil and gas exploration and development company with
assets throughout west central Saskatchewan's Viking oil play.
Neither 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 3MV Energy Inc.
Copyright 2015 Canada NewsWire