Divestco Inc.
TSX VENTURE : DVT

Divestco Inc.

August 08, 2011 16:43 ET

Divestco Issues Shares for Services

CALGARY, ALBERTA--(Marketwire - Aug. 8, 2011) - Divestco Inc. (TSX VENTURE:DVT) ("Divestco" or the "Company") announces that it has issued 110,276 Class A common shares for services valued at $18,747 at a deemed price of $0.17 per Class A common share. The issuance was approved by the TSX Venture Exchange.

Divestco is an exploration services company that provides a comprehensive and integrated portfolio of data, software, and services to the oil and gas industry. Through continued commitment to align and bundle products and services to generate value for customers, Divestco is creating an unparalleled set of integrated solutions and unique benefits for the marketplace. Divestco's breadth of data, software and services offers customers the ability to access and analyze the information required to make business decisions and to optimize their success in the upstream oil and gas industry. Divestco is headquartered in Calgary, Alberta, Canada and trades on the TSX Venture Exchange under the symbol "DVT".

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchanges) accepts responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Divestco Inc.
    Mr. Stephen Popadynetz
    CEO, President and CFO
    587-952-8152

    Divestco Inc.
    Mr. Danny Chiarastella
    Vice President, Finance
    587-952-8027
    www.divestco.com