Cobra Venture Corporation

Cobra Venture Corporation

October 30, 2012 16:10 ET

Cobra Venture Corporation Completes Real Estate Purchase

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 30, 2012) - Cobra Venture Corporation (the "Corporation") (TSX VENTURE:CBV) is pleased to announce that, further to its announcement on March 27, 2012, the Corporation has completed the acquisition of certain lands and premises located in the Municipal District of Rocky View No. 44, in the Province of Alberta, consisting of approximately 15.78 acres, excepting thereout all mines and minerals (the "Lands") for an aggregate purchase price of $3,975,000. The Corporation believes that the Lands have a strategic value that will integrate into the Corporation's future business plans.

About Cobra Venture Corporation

Cobra Venture Corporation is an emerging energy corporation focused on the acquisition and development of strategic oil and natural gas reserves in Western Canada. Common shares of the corporation trade on the TSX Venture Exchange under the symbol CBV.

Neither 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.

Contact Information

  • Cobra Venture Corporation
    Daniel B. Evans
    President and CEO
    (604) 922-2030
    Canadian Toll Free (888) 888-9122
    US Toll Free (888) 888-9123