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Athabasca Oil Corporation: Statement Regarding Information Circular

Posted On April 19th
By : The Canadian Press
Comment: Off

FOR: ATHABASCA OIL CORPORATION
TSX SYMBOL: ATH

Date issue: April 19, 2017
Time in: 6:00 AM e

Attention:

CALGARY, ALBERTA--(Marketwired - April 19, 2017) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") advises that on page 3 of its Information Circular - Proxy Statement dated March 24, 2017 ("Circular"), which was filed on SEDAR on April 3, 2017, the Company mistakenly stated that no person or company beneficially owned or controlled more than 10% of the outstanding common shares of Athabasca as of March 24, 2017. As reported in an Early Warning Report filed by Statoil Canada Ltd. ("Statoil") on February 2, 2017 on SEDAR, Statoil beneficially owned, and continues to own, 19.7% of the outstanding common shares of Athabasca.

About Athabasca Oil Corporation

Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. Situated in Alberta's Western Canadian Sedimentary Basin, the Company has amassed a significant land base of extensive, high quality resources. Athabasca's common shares trade on the TSX under the symbol "ATH". For more information, visit www.atha.com.

- END RELEASE - 19/04/2017

For further information:
Media and Financial Community
Matthew Taylor
Vice President, Capital Markets and Communications
1-403-817-9104
[email protected]
www.atha.com

COMPANY:
FOR: ATHABASCA OIL CORPORATION
TSX SYMBOL: ATH

INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20170419CC0006

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All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization issuing the release, not to The Canadian Press.

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