Oculus Ventures Corporation
TSX VENTURE : OVX.H

Oculus Ventures Corporation

September 30, 2013 11:25 ET

Oculus Ventures Corporation Terminates Qualifying Transaction

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 30, 2013) - Oculus Ventures Corporation (TSX VENTURE:OVX.H) announces that it has terminated its Qualifying Transaction with Quest Oil & Gas Ventures Inc. (a wholly owned subsidiary of Quest Investments LLC), previously announced March 20, 2013, due to adverse market conditions.

The Company will continue to pursue other opportunities with a view to completing its Qualifying Transaction. As a result of the failure of the Company to complete its Qualifying Transaction the Company announces its intention to complete a restructuring of the Company's share capital by way of consolidation on an up to five (5) old common shares for one (1) new common share basis.

ON BEHALF OF OCULUS VENTURES CORPORATION

Morgan Tincher, President and CEO

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

  • Oculus Ventures Corporation
    Darren Devine
    CFO
    604-638-8067
    (604) 648-8105 (FAX)