MCW ENERGY GROUP LIMITED ("MCW")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: August 1, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's documentation pertaining to Security Agreements (collectively, the "Agreements") dated May 13, 2014 between MCW Energy Group Limited (the "Company") and Dalex Investments, Inc. and Dalex Holdings, Inc., (collectively, the "Grantors"), which are private companies wholly owned by Alex Blyumkin, an officer and director of the Company. Pursuant to the Agreements, the Grantors shall pledge two properties as security for fuel advances of up to US$2,100,000 to be made by Phillips 66 Company to the Company.
Additionally, the Exchange has accepted for filing an aggregate bonus of 469,962 common shares to be issued to the Grantors in connection with the Agreements.
For more information, refer to the Company's news release dated July 30, 2014.
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