Arsenal is a growth oriented dividend-paying oil and gas corporation based in
For further information on Arsenal, please visit our website at www.arsenalenergy.com.
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There is no assurance that future dividends will be declared or the timing or amount of any future dividend. The payments of dividends or distributions in the future are within the discretion of the Corporation's Board of Directors and are dependent on numerous factors including the Corporation's cash flow, capital expenditure budgets, earning, financial conditions, the satisfaction of the applicable solvency test in the Corporation's governing statue (the Business Corporation Act (
Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements may involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things the state of the timely receipt of exchange approvals. Readers are cautioned that the foregoing lists of factors are not exhaustive. The forward-looking statements contained in this news release are made as of the date hereof and Arsenal undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
FOR FURTHER INFORMATION PLEASE CONTACT:
Arsenal Energy Inc. Tony van WinkoopPresident and Chief Executive Officer (403) 262-4854 or Toll free: 1 (866) 405-4854 (403) 265-6877 (FAX) Arsenal Energy Inc. J. Paul LawrenceVice President Finance and Chief Financial Officer (403) 262-4854 or Toll free: 1 (866) 405-4854 (403) 265-6877 (FAX) Arsenal Energy Inc.Suite 1900, 639 - 5th Avenue SW Calgary, AlbertaT2P 0M9 firstname.lastname@example.org Source: Arsenal Energy Inc.