R.A.N. Bonnycastle

December 20, 2013 15:57 ET

Acquisition of Common Shares of Raise Production Inc.

CALGARY, ALBERTA--(Marketwired - Dec. 20, 2013) - Pursuant to the disclosure requirements of applicable securities laws, R.A.N. Bonnycastle ("Bonnycastle") reports that he indirectly acquired ownership of a total of 4,842,467 common shares in the capital of Raise Production Inc. (the "Corporation"). The Corporation issued the Common Shares from treasury to R. A. N. Bonnycastle at a price of Cdn $0.225 per common share.

Mr. Bonnycastle now beneficially owns, controls or has direction over, directly or indirectly, an aggregate of 9,242,467 Common Shares, representing 12.41% of the Corporation's outstanding Common Shares. Mr. Bonnycastle acquired the shares for investment purposes and may, depending on market and other conditions, increase or decrease his beneficial ownership, control or direction over Common Shares, through market transactions, private agreements, treasury issuances, exercise of convertible securities or otherwise. A copy of the related early warning report will be filed on the SEDAR website (www.sedar.com) or may be obtained directly by calling Ms. Carlyn Dahl at (403) 269-6795.

Contact Information

  • R.A.N. Bonnycastle
    (403) 269-6795