Fortaleza Energy Inc.



May 16, 2014 17:13 ET

Fortaleza Announces Postponement of Annual General Meeting

CALGARY, ALBERTA--(Marketwired - May 16, 2014) -

THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES.

Fortaleza Energy Inc. ("Fortaleza" or the "Corporation") today announces that the Annual General Meeting ("AGM") of its shareholders originally scheduled for May 22, 2014 has been postponed pending a review by the board of directors of strategic alternatives being pursued by the Corporation. The AGM will be rescheduled to occur on or before September 30, 2014.

Caution to Reader

This news release contains forward-looking information, including without limitation statements concerning review strategic alternatives and rescheduling of the AGM. Although Fortaleza believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information because Fortaleza can give no assurance that they will prove to be correct. In particular, there can no assurance that any of the strategic alternatives presented to the board of directors of the Corporation will be acceptable to the board of directors or to the Corporation, or if acceptable, will result in an agreement or transaction that will be completed by the Corporation. Forward-looking information is provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. Fortaleza undertakes no obligation or undertaking to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

The common shares of Fortaleza have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold in the United States or to any U.S. person except in certain transactions exempt from the registration requirements of the U.S. Securities Act and applicable state securities laws.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The common shares of Fortaleza have not and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold in the United States or to any U.S. person except in certain transactions exempt from the registration requirements of the U.S. Securities Act and applicable state securities laws.

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