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Birchcliff Energy Ltd. Announces Conversion Results for Series A Preferred Shares


These translations are done via Google Translate

FOR: BIRCHCLIFF ENERGY LTD.
TSX SYMBOL: BIR

Date issue: September 18, 2017
Time in: 2:04 PM e

Attention:

CALGARY, ALBERTA--(Marketwired - Sept. 18, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) announces that after having taken into account all conversion notices received by the September 15, 2017 deadline for the conversion of Birchcliff's Cumulative Redeemable Preferred Shares, Series A (the "Series A Shares") into Birchcliff's Cumulative Redeemable Preferred Shares, Series B (the "Series B Shares"), the holders of the Series A Shares are not entitled to convert their Series A Shares into Series B Shares. There were 165,960 Series A Shares tendered for conversion, which is less than the 250,000 shares required to give effect to conversions into Series B Shares. As a result, none of Birchcliff's outstanding Series A Shares will be converted into Series B Shares on September 30, 2017.

About Birchcliff:

Birchcliff is a Calgary, Alberta based intermediate oil and gas company with operations concentrated within its one core area, the Peace River Arch of Alberta. Birchcliff's Common Shares and Cumulative Redeemable Preferred Shares, Series A and Series C, are listed for trading on the Toronto Stock Exchange under the symbols "BIR", "BIR.PR.A" and "BIR.PR.C", respectively.

- END RELEASE - 18/09/2017

For further information:
Birchcliff Energy Ltd.
Suite 1000, 600 - 3rd Avenue S.W.
Calgary, AB T2P 0G5
(403) 261-6401
(403) 261-6424 (FAX)
info@birchcliffenergy.com
www.birchcliffenergy.com
OR
Robyn Bourgeois
General Counsel and Corporate Secretary
OR
Jennifer McPherson
Legal Counsel

COMPANY:
FOR: BIRCHCLIFF ENERGY LTD.
TSX SYMBOL: BIR

INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20170918CC0037

Press Release from Marketwired 1-866-736-3779

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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