
VVC Purchase Of Ithaca 1-17 Well And 5 Mile Pipeline
On behalf of the Board of Directors Michel J. Lafrance, Secretary-Treasurer | ||
For further information, please contact: | For further information in French, please contact: | |
Emily Bigelow - (615) 504-4621 E-mail: ... | Patrick Fernet - (514) 631-2727 E-mail: ... | |
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
2369 Kingston Road, PO Box 28059 Terry Town, Scarborough, ON M1N 4E7 – Tel: 416-619-5304
FORWARD-LOOKING STATEMENTS:
This news release contains“forward-looking information” (within the meaning of applicable Canadian securities laws) and“forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements are generally identified by words such as“anticipate,”“believe,”“expect,”“plan,”“intend,”“potential,”“estimate,”“propose,”“project,”“outlook,”“strategy,” or similar words suggesting future outcomes or statements regarding an outlook. Such statements include, among others: (( ... to lower initial development cost while expediting ...; ... de-risk our development program ...; ... bring wells online more efficiently. ))
Such forward-looking information or statements are based on several risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management's expectations regarding acquisitions, production of helium, oil or gas, future development and growth, plans for and completion of projects by Company's third-party relationships, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, without limitation, operational risks in the completion of Company's anticipated projects, delays or changes in plans with respect to the development of Company's anticipated projects by Company's third-party relationships, risks affecting the ability to develop projects, risks in legislative changes in the applicable jurisdictions, risks inherent in operating in foreign jurisdictions, the ability to attract key personnel, risks in decrease of price of helium, gas or oil. No assurances can be given that the efforts by Company will be successful.
Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company's securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements, except as required by law.
Investors are cautioned that notwithstanding the expectations described herein, there can be no assurance that the plans described herein will be completed as proposed. Trading in the securities of VVC should be considered highly speculative. All forward-looking statements contained in this press release are expressly qualified in their entirety by these cautionary statements and by those made in our filings with SEDAR in Canada (available at ).


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