TSX VENTURE COMPANIES:
ADIRA ENERGY LTD. ("ADL") BULLETIN TYPE: Consolidation BULLETIN DATE: September 30, 2014 TSX Venture Tier 2 Company
Pursuant to a resolution passed by shareholders August 12, 2014, the Company has consolidated its capital on the basis of (5) five existing common shares for (1) one new common share. The name of the Company has not been changed.
Effective at the opening on Wednesday, October 1, 2014, the common shares of Adira Energy Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an 'Oil and Gas Exploration' company.
Post - Consolidation Capitalization: Unlimited shares with no par value of which 12,292,021 shares are issued and outstanding Escrow: 0 shares
Transfer Agent: Computershare Investor Services Inc. Trading Symbol: ADL (UNCHANGED) CUSIP Number: 00687U707 (NEW) ________________________________________
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