Galleria Opportunities Ltd.

TSX VENTURE : GOI.H


April 15, 2014 13:48 ET

Galleria Opportunities Ltd. Announces Oil and Gas Property Sale Closing

CALGARY, ALBERTA--(Marketwired - April 15, 2014) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

GALLERIA OPPORTUNITIES LTD. ("Galleria" or the "Corporation") (TSX VENTURE:GOI.H) announces that it has successfully closed the sale of its oil and gas properties in the Atlee/Buffalo area of Alberta.

Total proceeds of $230,142 included $180,142 which had previously been paid toward the LLR liability imposed by the Alberta Energy Regulator in the amount of $494,618. As a result of this closing, the requirement of the Corporation to fund the remaining $314,476 LLR liability has also been terminated.

Neither the NEX nor its Regulation Services Provider (as defined in the policies of the NEX) accept responsibility for the adequacy and accuracy of this release.

Contact Information

  • Galleria Opportunities Ltd.
    Al J. Kroontje
    President and Chief Executive Officer
    (403) 539-4447