Antrim Energy Antrim Energy Inc. Announces Completion of Sale of UK Subsidiary
24 Aprile 2014 - 6:11PM
UK Regulatory
TIDMAEY
Antrim Energy Inc. Announces Completion of Sale of UK Subsidiary
FOR: ANTRIM ENERGY INC.
TSX SYMBOL: AEN
AIM SYMBOL: AEY
April 24, 2014
Antrim Energy Inc. Announces Completion of Sale of UK Subsidiary
CALGARY, ALBERTA--(Marketwired - April 24, 2014) -
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S.
Antrim Energy Inc. ("Antrim" or "the Company") (TSX:AEN)(AIM:AEY), an international oil and gas exploration
company, today announced that it has completed its previously announced sale of Antrim Resources (N.I.) Limited
and settled its outstanding obligations under its Payment and Oil Swap agreements with Credit Suisse AG and
Credit Suisse International.
With no debt Antrim now has an improved platform to pursue development of its remaining assets as well as
consider new opportunities, raise capital or seek other strategic alternatives, including a possible business
combination, to maximize shareholder value.
About Antrim
Antrim Energy Inc. is a Canadian, Calgary based junior oil and gas exploration company with assets in the UK
North Sea and Ireland. Antrim is listed on the Toronto Stock Exchange (AEN) and on the London Stock Exchange's
Alternative Investment Market (AEY). Visit www.antrimenergy.com for more information.
Forward-Looking and Cautionary Statements
This press release contains certain forward-looking statements and forward-looking information which are based
on Antrim's internal reasonable expectations, estimates, projections, assumptions and beliefs as at the date of
such statements or information. Forward-looking statements often, but not always, are identified by the use of
words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "targeting", "forecast", "achieve"
and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be
achieved and other similar expressions. These statements are not guarantees of future performance and involve
known and unknown risks, uncertainties, assumptions and other factors that may cause actual results or events
to differ materially from those anticipated in such forward-looking statements and information. Antrim believes
that the expectations reflected in those forward-looking statements and information are reasonable but no
assurance can be given that these expectations will prove to be correct and such forward-looking statements and
information included in this press release and any documents incorporated by reference herein should not be
unduly relied upon. Such forward-looking statements and information speak only as of the date of this press
release or the particular document incorporated by reference herein and Antrim does not undertake any
obligation to publicly update or revise any forward-looking statements or information, except as required by
applicable laws.
FOR FURTHER INFORMATION PLEASE CONTACT:
Antrim Energy Inc.
Stephen Greer
President & CEO
+ 1 403 264-5111
greer@antrimenergy.com
OR
Antrim Energy Inc.
Anthony Potter
Chief Financial Officer
+ 1 403 264-5111
potter@antrimenergy.com
OR
RFC Ambrian Limited
Sarah Wharry
+44 (0) 20 3440 6800
OR
Buchanan
Tim Thompson/Tom Hufton
+44 (0) 20 7466 5000
antrim@buchanan.uk.com
Antrim Energy Inc.
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