NEW WEST ENERGY SERVICES INC. ("NWE") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: September 23, 2013 TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a share purchase agreement dated September 17, 2013 between New West Energy Services Inc. (the 'Company') and Daniel Huys, Dara Huys, Tippin D. Oilfield Services Ltd., 40 Creek Oilfield Services Ltd. and 1770245 Alberta Ltd. (collectively the 'Vendors') whereby the Company will purchase 100% of the shares of 1770245 Alberta Ltd. which will hold assets of two vacuum trucks and two boiler trucks for the oilfield services industry. Consideration is $1,300,000 cash and 3,000,000 common shares. A post closing payment of $200,000 cash may be payable upon achieving certain performance thresholds over a 12 month period post closing of the transaction. ________________________________________
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