ENP Newswire -
Release date- 04082014 -
Sunshine will issue
The Notes will bear interest at a rate of 10% per annum and will have a final maturity date of
Sunshine will be required to pay to the holders of any Notes outstanding on
The Notes are redeemable by Sunshine at any time prior to maturity subject to the payment of applicable call premiums to the holders of the Notes.
The Notes were offered in each of the Provinces of
Sunshine intends to use the proceeds from the offering of the Notes, together with the proceeds from the
The Corporation is a
Interim President & CEO
Tel: (1) 403 984 1446
DISCLAIMER AND FORWARD LOOKING INFORMATION
This announcement contains forward-looking information relating to, among other things: (a) the future financial performance and objectives of Sunshine and (b) the plans and expectations of the Corporation. Such forward-looking information is subject to various risks, uncertainties and other factors. All statements other than statements and information of historical fact are forward-looking statements.
The use of words such as 'estimate', 'forecast', 'expect', 'project', 'plan', 'target', 'vision', 'goal', 'outlook', 'may', 'will', 'should', 'believe', 'intend', 'anticipate', 'potential', and similar expressions are intended to identify forward-looking statements.
Forward-looking statements are based on Sunshine's experience, current beliefs, assumptions, information and perception of historical trends available to Sunshine, and are subject to a variety of risks and uncertainties including, but not limited to those associated with resource definition and expected reserves and contingent and prospective resources estimates, unanticipated costs and expenses, regulatory approval, fluctuating oil and gas prices, expected future production, the ability to access sufficient capital to finance future development and credit risks, changes in
Although Sunshine believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned that the assumptions and factors discussed in this announcement are not exhaustive and readers are not to place undue reliance on forward-looking statements as the Corporation's actual results may differ materially from those expressed or implied.
Sunshine disclaims any intention or obligation to update or revise any forward-looking statements as a result of new information, future events or otherwise, subsequent to the date of this announcement, except as required under applicable securities legislation. The forward-looking statements speak only as of the date of this announcement and are expressly qualified by these cautionary statements.
Readers are cautioned that the foregoing lists are not exhaustive and are made as at the date hereof. For a full discussion of the Corporation's material risk factors, see the Corporation's annual information form for the year ended
In addition, information and statements in this announcement relating to 'reserves' and 'resources' are deemed to be forward-looking information, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described exist in the quantities predicted or estimated, and that the reserves and resources described can be profitably produced in the future. The assumptions relating to Sunshine's reserves and resources are contained in the reports of
For additional information regarding the specific contingencies which prevent the classification of Sunshine's contingent resources as reserves see 'Statement of Reserves Data and
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