Maple Leaf Royalties Corp.

Maple Leaf Royalties Corp.

January 30, 2015 15:07 ET

Maple Leaf Royalties Corp. Completes Acquisition of Oil and Gas Royalties

CALGARY, ALBERTA--(Marketwired - Jan. 30, 2015) - Maple Leaf Royalties Corp. (TSX VENTURE:MPL) ("Maple Leaf") is pleased to report that it has completed the previously announced acquisition of royalty interests in nine oil and gas wells located in Alberta (the "Royalties") from Maple Leaf 2012 Energy Income Limited Partnership. Please refer to Maple Leaf's news release of January 22, 2015 for additional information regarding the transaction and the Royalties. The transaction remains subject to the final acceptance of the TSX Venture Exchange.

About Maple Leaf Royalties Corp.

Maple Leaf Royalties Corp. is focused on oil and gas royalty interests in Canada. The company owns royalties on oil and gas production with its current asset base concentrated in west central Alberta and including a mixture of oil, natural gas, and natural gas liquids from numerous producing wells. Royalty interests offer unique investment characteristics including revenue that is directly correlated with oil and gas prices, but with minimal exposure to capital and operating costs and no exposure to abandonment and reclamation costs. Maple Leaf intends to grow and diversify its royalty portfolio through the acquisition of additional royalty interests.

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

Contact Information

  • Maple Leaf Royalties Corp.
    Dan Gundersen
    Chief Executive Officer
    (403) 852-4423

    Maple Leaf Royalties Corp.
    Adam Thomas
    (403) 830-7995