The TSX Venture Exchange has accepted for filing documentation pursuant to an offer to purchase agreement on April 21, 2015, with an arm's-length party through its court-appointed receiver, Alvarez & Marsal, whereby Wescan Energy Corp. will acquire certain producing oil and gas properties in Provost area, located in east-central Alberta. Pursuant to the terms of the agreement, the purchase price will be satisfied by a cash payment in the amount of $1.24-million in cash.

There are no insiders or pro groups participating.