United Hunter Oil and Gas Corp. Announces Revised Terms to Shares for Debt
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 10, 2015) - United Hunter Oil and Gas Corp. (TSX VENTURE:UHO) (the "Corporation") announces that, further to its press release dated December 8, 2015, it has issued 220,690 common shares of the Corporation (the "Shares") to one of its officers to settle approximately $16,000 in debt owing. The Share issue price is based on an average Share price during period in which the debt was incurred of $0.0725 per Share. The issuance of the Shares to the officer is subject to final regulatory approval and a four month and one day hold period.
About the Issuer
United Hunter Oil & Gas Corp. (www.unitedhunteroil.com) is a Canadian based corporation with management very experienced in the oil and gas industry with projects in the United States. United Hunter Oil & Gas Corp. is publicly traded on the TSX Venture Exchange (TSX VENTURE:UHO). The Corporation's public filings may be found at http://www.sedar.com.
Certain statements contained in this press release constitute "forward-looking statements" as such term is used in applicable Canadian and US securities laws. These statements relate to analyses and other information that are based upon forecasts of future results, estimates of amounts not yet determinable and assumptions of management.
Forward-looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Corporation undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.
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.
Source: Marketwired (Canada)
(December 10, 2015 - 2:44 PM EST)
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