CALGARY, ALBERTA--(Marketwired - Jan. 24, 2014) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A) (OTCQX:ATERF) announces that the Company and Jiangsu Baoli Asphalt Co., Ltd. of China have agreed not to proceed with the previously-announced (August 2013) $7 million private placement.
Anterra also announces that it amalgamated with its wholly-owned subsidiary, Terrex Energy Inc., on January 1, 2014.
About Anterra Energy Inc.
Anterra is an independent oil focused junior exploration and production company with an expanding presence in the Western Canadian Sedimentary Basin. The Company is actively engaged in the acquisition, development and production of oil and natural gas complemented by the operation of fee- based midstream facilities. The Company is a public Canadian company listed on the TSXV under the symbol "AE.A" and traded on the OTCQX International under the symbol "ATERF". Additional information is available on the Company's website at www.anterraenergy.com.
Neither 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 or accuracy of this release.