|By Marketwired .||
|March 4, 2014 04:15 PM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/04/14 -- Petro One Energy Corp. (the "Company") (TSX VENTURE:POP) (FRANKFURT:C6K1) reports that the TSX Venture Exchange has consented to the extension of the exercise term of 1,922,892 outstanding share purchase warrants by two years. The warrants were originally exercisable until March 15, 2014. Each warrant is now exercisable to purchase one common share for $0.80 at any time prior to 4:30 p.m. on March 15, 2016 subject to an accelerated expiry if the average closing price of the common share is $1.20 or higher for 20 consecutive days.
ON BEHALF OF THE BOARD
Peter Bryant, President & Director
For further information, please visit the company's website at PetroOneEnergy.com, follow the Company's tweets at Twitter.com/PetroOneEnergy.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.