Mapan Energy Ltd.

October 20, 2014 19:13 ET

Mapan Energy Ltd. Graduates to Tier 1 of the TSX Venture Exchange

CALGARY, ALBERTA--(Marketwired - Oct. 20, 2014) - Mapan Energy Ltd. ("Mapan" or the "Corporation") (TSX VENTURE:MPG) is pleased to announce that it has graduated to Tier 1 of the TSX Venture Exchange. Mapan is expected to commence trading as a Tier 1 issuer on Wednesday, October 22, 2014. Tier 1 is reserved for the most advanced issuers with the most significant financial resources on the TSX Venture Exchange.

About Mapan

Mapan owns production, lands and P&NG rights in two areas of the Alberta and British Columbia Deep Basin comprised of 197,000 gross acres (155,000 net acres) of which approximately 115,000 net acres are undeveloped lands.

ADVISORY: This press release contains forward looking statements. More particularly, this press release contains forward looking statements concerning the expected timing for the commencement of trading as a Tier 1 issuer on the TSX Venture Exchange. Although Mapan believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because Mapan cannot give assurances that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward looking statements contained in this press release are made as of the date hereof and Mapan does not undertake any obligation to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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

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