Cordy Oilfield Services Inc.

Cordy Oilfield Services Inc.

October 18, 2010 13:06 ET

Acquisition of Shares of Cordy Oilfield Services Inc.

DEWINTON, ALBERTA--(Marketwire - Oct. 18, 2010) - Further to disclosure requirements of applicable securities laws, First "M" Investments Ltd. ("First M") reports that on October 14, 2010 it purchased 7,496,100 common shares ("Common Shares") of Cordy Oilfield Services Inc. ("Cordy") (TSX VENTURE:CKK) through the facilities of the TSX Venture Exchange (the "Transaction"), constituting approximately 8.9% of the 84,453,810 Common Shares of Cordy that are presently issued and outstanding. First M, together with Six-M-Enterprises (1993) Ltd. ("Six-M"), now own and control 11,089,100 Common Shares, representing approximately 13.1% of the issued and outstanding Common Shares. Roland Mullen and Leona Mullen are the sole shareholders, directors and officers of First M and Six-M. The Transaction was made for investment purposes. First M may increase or decrease its investment in Cordy depending on market conditions or any other relevant factors.

Contact Information

  • First "M" Investments Ltd.
    Site 19, Box 11, RR 1
    DeWinton, Alberta T0L 0X0
    Roland Mullen
    (403) 256-1050 (FAX)