SOURCE: Arete Industries, Inc.

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August 18, 2015 05:30 ET

Arete Industries, Inc. Announces Termination of SEC Investigation

WESTMINSTER, CO--(Marketwired - August 18, 2015) - Arête Industries, Inc. (OTC PINK: ARET) today announced that it received written notification from the Securities and Exchange Commission that the SEC has terminated its investigation of the Company, which begun on July 24, 2013, without recommendation of any enforcement action.

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About Arête Industries

The Company owns non-operated oil and gas properties in the Rocky Mountain Region of the United States. For additional information on the Company visit our website at: http://www.areteindustries.com.

Statement as to Forward Looking Statements.

Certain statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties not known or disclosed herein that could cause actual results to differ materially from those expressed herein. These statements may include projections and other "forward-looking statements" within the meaning of the federal securities laws. Any such projections or statements reflect Arête's current views about future events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from those projected. Important factors that could cause the actual results to differ materially from those projected include, without limitation, the Company's dependence on its management, the Company's significant lack of capital, changes in prices for crude oil and natural gas, the ability of management to execute plans to meet the Company's goals and other risks inherent in the Company's business that are detailed in the Company's Securities and Exchange Commission ("SEC") filings. Readers are encouraged to review these risks in the Company's SEC filings.

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