Albion Petroleum Ltd.
TSX VENTURE : ABP.H

March 30, 2012 15:55 ET

Albion Announces Extension of Closing Deadline

CALGARY, ALBERTA--(Marketwire - March 30, 2012) - ALBION PETROLEUM LTD. ("Albion" or the "Corporation") (TSX VENTURE:ABP.H) announces that it has received an extension on the closing deadline for the Corporation's previously announced non-brokered private placement (the "Private Placement") of common shares of the Corporation to April 6, 2012. Additional information on the Private Placement is detailed in Albion's press release dated February 8, 2012.

Completion of the private placement is subject to approval from the NEX Board.

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Albion assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Albion. Additional information identifying risks and uncertainties is contained in certain of Albion's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the NEX Board, the 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 of accuracy of this news release.

Contact Information

  • Albion Petroleum Ltd.
    David Shaw
    CEO and Director
    (604) 221-4828