June 02, 2014 16:17 ET
CALGARY, ALBERTA--(Marketwired - June 2, 2014) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.23596 to 1.24133. This increase will be effective on June 16, 2014 (the "Effective Date").
The following are the details of the calculation of the Exchange Ratio:
A holder of Bonavista exchangeable shares can exchange all or a portion of their holdings into Bonavista common shares, at any time, by giving notice to their investment advisor or Valiant Trust Company at its principal transfer office in Suite 310, 606 - 4th Street S.W., Calgary, Alberta, T2P 1T1.
Please visit our website at www.bonavistaenergy.com for detailed corporate information.
Bonavista Energy CorporationGlenn A. HamiltonSenior Vice President & CFO(403) 213-4300www.bonavistaenergy.com
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