Warrior Energy N.V.
TSX VENTURE : WEN

Warrior Energy N.V.

January 19, 2012 18:45 ET

Warrior Energy N.V. Announces Share Consolidation

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 19, 2012) - Warrior Energy N.V. ("Warrior" or the "Company") (TSX VENTURE:WEN) is pleased to announce that, effective at the opening of trading on January 20, 2012, its previously announced share consolidation of its fully paid and issued common shares on a ratio of one (1) post-consolidation common share for every five (5) pre-consolidation common shares will be effected. The Company's symbol will remain the same. The Company's new CUSIP is N94256208.

After giving effect to the share consolidation, the Company will have 2,848,147 common shares outstanding with nominal value of EUR 0.75 and the Company's authorized capital will consist of 8,000,000 common shares with nominal value of EUR 0.75. The Company also obtained approval from its shareholders to reduce the nominal value of all of its issued and outstanding common shares from EUR 0.75 to EUR 0.02, which the Company anticipates will be completed in the next few months due to various procedures that must be undertaken under Dutch corporate law to effect the reduction. After giving effect to the reduction in nominal value and assuming no additional common shares are issued, the Company will have 2,848,147 common shares outstanding with nominal value of EUR 0.02 and the Company's authorized capital will consist of 12,500,000 common shares with nominal value of EUR 0.02.

Additional information can be found in the Company's Information Circular dated September 23, 2011 filed on SEDAR at www.sedar.com.

About the Company

Warrior is a junior oil and gas exploration and production company focused on identifying and exploiting natural gas opportunities.

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.

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