Mr. Tony Buckingham of Heritage Oil reports
HERITAGE OIL ANNOUNCES ACQUISITION OF COMMON SHARES OF PETROFRONTIER CORP.
Heritage Oil PLC has acquired 151,900 common shares of PetroFrontier Corp. representing 0.24 per cent of the outstanding shares. Together with shares already held by Heritage, the company now holds 7,756,600 shares, representing approximately 12.22 per cent of the outstanding shares of PetroFrontier.
The shares were acquired through the facilities of the TSX Venture Exchange for a total price equal to $593,489. Heritage may increase or decrease its ownership of securities of PetroFrontier depending upon future market conditions.
All shares acquired and/or held by Heritage in PetroFrontier were acquired for investment purposes.
We seek Safe Harbor.
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