LongBow Energy Corp.
TSX VENTURE : LBV

LongBow Energy Corp.

March 13, 2007 16:27 ET

LongBow Energy Mails Meeting Materials for Share Consolidation

CALGARY, ALBERTA--(CCNMatthews - March 13, 2007) - LongBow Energy Corp. (TSX VENTURE:LBV) (the "Company") wishes to announce it has mailed proxy materials to its shareholders in connection with the special meeting of shareholders to be held on April 5, 2007, to approve a proposed share consolidation and name change for the Company. As previously announced, the proposed consolidation and name change is subject to shareholder and regulatory approvals, including the approval of the TSX Venture Exchange. The proposed consolidation of common shares will be on a 1 for 10 basis and, assuming completion of the previously announced acquisition of Camdel Energy, will, if implemented, reduce the number of common shares issued and outstanding from approximately 160,670,200 million to 16,067,020 million shares. In conjunction with the proposed consolidation, shareholders of the Company will be asked to approve a change of name of the Company to "LongBow Resources Inc."

Further details concerning the proposed share consolidation and name change are provided in the Company's Information Circular mailed to all shareholders and posted on SEDAR at www.sedar.com.

Investors are cautioned that this News Release contains forward looking information, such information is subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward looking information. Readers are cautioned not to place undo reliance on forward looking information, as no assurance can be given as to future results, levels of activity or events.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • LongBow Energy Corp.
    Sean Kehoe
    (403) 233-6073
    (403) 269-2686 (FAX)