February 28, 2013 19:30 ET
CALGARY, ALBERTA--(Marketwire - Feb. 28, 2013) - Twoco Petroleums Ltd. ("Twoco") (TSX VENTURE:TWO) announces that each of the directors of Twoco has resigned. Twoco has been notified that Alberta Treasury Branches will be making an application to the Court of Queen's Bench of Alberta on Friday, March 1, 2013 at 3:15 p.m. (Calgary time) to have PricewaterhouseCoopers Inc. appointed to act as receiver and manager of Twoco.
Neither 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.
Twoco Petroleums Ltd.Wayne A. MalinowskiPresident and Chief Executive Officer(403) 231-8653(403) 237-6048 (FAX)
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