WESTERNZAGROS ("WZR")("WZR.RT")
BULLETIN TYPE: Rights Offering-Shares
BULLETIN DATE: October 7, 2014
TSX Venture Tier 1 Company
The Company has announced it will offer to Shareholders of record on Monday, October 20, 2014, Rights to purchase shares of the Company. One (1) Right will be issued for each share held. 1.23928 Rights and $0.65 are required to purchase one Share. The expiry date for the Rights Offering is Friday, November 14, 2014. As at October 6, 2014, the Company had 476,647,510 shares issued and outstanding.
Effective at the opening, Thursday, October 16, 2014, the shares of the Company will trade Ex-Rights and the Rights will commence trading at that time on a 'when-issued basis'. The Company is classified as an 'Oil and Gas Exploration and Development' company.
Summary:
Basis of Offering: 1.23928 Rights exercisable for One (1) Share at per Share.
Record Date: October 20, 2014
Shares Trade Ex-Rights: October 16, 2014
Rights Called for Trading: October 16, 2014
Rights Trade for Cash: November 10, 2014 at 12:00 pm EST (noon)
Rights Expire: November 14, 2014 at 5:00 pm (EST)
November 10, 2014 - TO SETTLE - November 12, 2014
November 12, 2014 - TO SETTLE - November 13, 2014
November 13, 2014 - TO SETTLE - November 14, 2014
November 14, 2014 - TO SETTLE - November 14, 2014
Rights Trading Symbol: WZR.RT
Rights CUSIP Number: 960008126
Subscription Agent and Trustee: Computershare Investor Services Inc.
Authorized Jurisdiction(s): Alberta
For further details, please refer to the Company's Rights Short Form Prospectus dated October 6, 2014
The Company's Rights Short Form Prospectus has been filed with and accepted by the Alberta and Ontario Securities Commissions. The prospectus has been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.
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