Bronco Energy Ltd.
TSX : BCF

Bronco Energy Ltd.

May 05, 2009 15:00 ET

Bronco Announces Conditional Listing Approval for Its Private Placement Financing

CALGARY, ALBERTA--(Marketwire - May 5, 2009) -

THIS PRESS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH US NEWSWIRE SERVICES

Bronco Energy Ltd. ("Bronco") (TSX:BCF) announces that it has received conditional listing approval from the Toronto Stock Exchange (the "TSX") for its previously announced private placement financing of $24 million principal amount of Secured Subordinated Convertible Debentures. Bronco is working toward closing of the transaction and is awaiting one procedural regulatory clearance. Bronco anticipates closing this offering during the week of May 11, 2009.

This press release is not an offer to sell securities in the United States. Securities may not be offered or sold in the United States in the absence of registration or an exemption from registration.

Forward-Looking Information

The statement as to the expected time of closing is a forward-looking statement. Bronco assumes that all conditions to close will be cleared so that closing can occur when expected.

Contact Information

  • Bronco Energy Ltd.
    Peter J. Pelensky, P. Eng
    President and CEO
    (403) 699-8383
    (403) 693-0038 (FAX)
    or
    Bronco Energy Ltd.
    David Johnson, CA
    VP Finance and CFO
    (403) 699-8383
    (403) 693-0038 (FAX)
    Website: www.broncoenergy.ca