Bellamont Exploration Ltd. announces the closing of acquisition of Standard
Energy Inc. and expanded line of credit
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
As a result of the closing of the Arrangement Agreement, the subscription receipts ("Receipts") issued pursuant to Bellamont's previously announced bought deal financing have been exchanged for Class A shares of Bellamont, on a one for one basis, without any further payment or further action by the holders of the Receipts.
Bellamont is also pleased to announce, in connection with the Arrangement, Bellamont is in the process of closing its previously announced
For more information regarding the Corporation, please refer to the corporate presentation on Bellamont's webpage at www.bellamont.com.
Bellamont is an emerging oil and gas company focused on the acquisition, exploration, development and production of oil and natural gas in western
Bellamont trades on the TSX Venture Exchange under the symbols "BMX.A" and "BMX.B".
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATORY 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.
For further information: Bellamont Exploration Ltd., Suite 200, 1324 - 17th Avenue S.W., Calgary, Alberta, T2T 5S8, Telephone: (403) 802-6840, Fax: (403) 802-1315, www.bellamont.com, Steve Moran, President and CEO
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