Suite 1700, 255 - 5th Avenue SW Calgary, Alberta, T2P 3G6
Tel: (403) 513-2699 Fax: (403) 228-9506
For Immediate Release
BANKERS PETROLEUM ADVISES OF WARRANT EXPIRYCALGARY, January 4, 2012 - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) hereby notifies all holders of its 2012 Warrants (TSX: BNK.wt.A) (CUSIP: 066286147, ISIN: CA
0662861479) that they must be tendered for exercise before
the deadline of March 1, 2012 (4:30pm Calgary time). Each
2012 Warrant entitles the holder to purchase one common share
at a subscription price of $2.37 per share. 2012 Warrants not
tendered for exercise prior to the deadline will expire and
have no further value.
All exercise notices should be directed to the Warrant
Trustee, Computershare Trust Company of Canada, as stipulated
in the 2012 Warrant Indenture. 2012 Warrant investors are
advised that CDS Inc. and/or investment dealers through which
2012 Warrants are held, may impose earlier deadlines for the
exercise of the Warrants. Holders of 2012 Warrants should
consult with their investment dealers or stockbrokers to
ensure the Warrants are tendered for exercise prior to any
such earlier deadline imposed by your investment dealer or
broker.
At December 31, 2011, the Company has 247,697,769 common
shares outstanding, 20,261,891 options to purchase common
shares and 4,688,734 of the 2012 Warrants.
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Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration and production company focused on developing large oil and gas reserves. In Albania, Bankers operates and has the full rights to develop the Patos-Marinza heavy oilfield and has a 100% interest in the Kuçova oilfield, and a 100% interest in Exploration Block "F". Bankers' shares are traded on the Toronto Stock Exchange and the AIM Market in London, England under the stock symbol BNK.
For further information, contact:
Abby Badwi President and Chief Executive Officer (403)
513-2694
Doug Urch Executive VP, Finance and Chief Financial Officer
(403) 513-2691
Mark Hodgson VP, Business Development (403) 513-2695
Email: investorrelations@bankerspetroleum.com
Website: www.bankerspetroleum.com
Canaccord Genuity Limited
Ryan Gaffney/ Henry Fitzgerald-O'Connor
+44 20 7050 6500
+44 20 3037 5639
distribué par | Ce noodl a été diffusé par Bankers Petroleum Ltd. et initialement mise en ligne sur le site http://www.bankerspetroleum.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-04 16:08:24 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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