|By Marketwired .||
|June 12, 2014 05:13 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/12/14 -- This press release is being disseminated as required by National Instrument 62-103 - The Early Warning System and Related Take Over Bids and Insider Reporting Issues in connection with the filing of an early warning report (the "Early Warning Report") regarding the acquisition of common shares ("Shares") of New West Energy Services Inc. ("New West") (TSX VENTURE: NWE) by Mr. William A. Rand of Vancouver, British Columbia.
Mr. William A. Rand has advised New West that as of June 6, 2014 he has acquired, through the facilities of the TSX Venture Exchange at prevailing market prices, ownership of a total of 1,991,000 Shares (including 300,000 Shares purchased on June 6, 2014) representing 2.06% of the issued and outstanding Shares. Mr. Rand previously owned 15,968,070 Shares. Mr. Rand now owns a total of 17,959,070 Shares representing 18.6% of the issued and outstanding Shares.
The acquisition of the Shares by Mr. Rand was made for investment purposes. Mr. Rand may increase or decrease his shareholdings in New West as circumstances may arise.
A copy of the Early Warning Report may be found on www.SEDAR.com under New West's profile.
Rand Edgar Investment Corp.
Karin E. Lutz