SINGAPORE / ACCESSWIRE / June 18, 2015 / Terra Nova Energy Ltd. (“Terra Nova” or “Company”) (TSX-V: TGC; OTCQX: TNVMF) wishes to notify its shareholders that it faces a contested election for its board of directors (the “Terra Nova Team”) at its upcoming annual general meeting of shareholders (the “Meeting”). Terra Nova’s Information Circular together with a letter to Shareholders have been filed on SEDAR and can also be on Terra Nova’s website at www.terranovaenergyltd.com.

The superior qualifications and track record of the Terra Nova Team

The Terra Nova Team adds significant value to Terra Nova shareholders over the dissident nominees.

• -Valuable oil and gas experience. The Terra Nova Team has extensive experience with oil and gas issuers, including large producing oil and gas companies. A detailed summary of the Terra Nova Team’s experience is set forth in the Information Circular filed on SEDAR.

• -Proven track record in mergers, acquisitions and raising capital. The Terra Nova Team has in the past completed successful financings to meet its ongoing obligations. The board of directors is confident that the Company will be able to continue to do so in the future.

• -Maximizing shareholder value. The Terra Nova Team carefully and diligently developed an operations plan in order to develop PEL 444. With the guidance of Mr. Aldorf, Terra Nova has managed to significantly reduce unnecessary expenditures, efficiently manage PEL 444 and terminate an inequitable Farm-In Agreement.

Had the Terra Nova Team not terminated the existing Farm-In Agreement, Terra Nova’s existing cash position would only allow for one well to be drilled on the Australian petroleum licenses in order to earn an additional 5.8333% interest in the licenses. Further, there is a substantial risk that a one-well program will result in a dry hole.

By terminating the Farm-In Agreement, the Terra Nova Team has reduced Terra Nova’s risk substantially as it is not required to spend nearly all of its cash on a one-well program that could result in a dry well. Instead, all stakeholders are now required to proportionately pay for the drill program. Based on Terra Nova’s interest in the licenses, it has sufficient cash to propose and participate in a multi-well program on the licenses which significantly increases the probability of finding oil on the licenses.

• -Established an operations plan and ready to drill. The Company has already invested time and money into developing its operations plan. The Terra Nova Team is ready to commence drilling after completing a thorough subsurface program. If the dissident’s proposed board is elected, the drilling will likely be delayed for an indeterminate time while the new board familiarizes itself with the Company and develops its own operations plan. If the dissidents fail to drill Petroleum Exploration License 444 (“PEL 444”) by January 2016, PEL 444 will be extinguished, which will have a material adverse effect on Terra Nova’s future performance and value.

• -Extensive corporate governance experience with respect to Canadian public companies. The Terra Nova Team has extensive experience dealing with Canadian public companies and complying with reporting requirements. In order to ensure compliance and reduce the costs of professional fees the Company needs a Board of Directors and management with Canadian public company and regulatory experience.

Unclear Motives of Dissident Shareholders

We ask our shareholders – what are the Dissidents real motives? The dissident motives are unclear to the Terra Nova Team for the following reasons:

• -Dissidents Manage a Company in Financial Distress. The dissident team is composed of: Michael Caetano, Kent Edney, Robert Madzej and Peter Cockcroft. Each of Messrs. Caetano, Edney and Madzej are either officers or directors of Strongbow Resources Inc. (“Strongbow”), which is an oil and gas company quoted on the OTCQB with cash on hand of $26,858 and a working capital deficit of $1,020,724 as at February 28, 2015

• -Unclear Relationship with Holloman. The dissidents plan to “leverage their good relationships with Holloman to negotiate and consummate a new agreement for PEL 112 and PEL 444 with a view to increasing Terra Nova’s interest”. The Terra Nova Team has determined that it is in the best interests to have both Holloman and Perseville Investing Inc. (“Perseville”) share in the costs of any future drill program. By having all the stakeholders proportionately pay for the drill program, it will allow for a multi-well drill program and, together with the recent subsurface work, reduce the risk of a dry well.

The relationship between the dissidents and Holloman Energy Corporation (“Holloman”) should be a concern to the shareholders of Terra Nova. Holloman Value Holdings, LLC holds 23.04% of the issued shares of Strongbow, being its largest shareholder (as set forth in Strongbow’s Annual Report on Form 10-K filed with the SEC on June 2, 2015). In their news release dated June 11, 2015, the dissidents failed to disclose this material relationship and, on review of the SEC’s EDGAR site, it is apparent that Holloman Value Holdings, LLC may have failed to file any insider reports under section 16 of the Securities Exchange Act of 1934, as amended, or Schedule 13D’s with the Securities Exchange Commission disclosing that it is in fact an insider of Strongbow.

• -Dissidents Plan to Dilute Company Further. The dissident team also wishes to “raise adequate financing to carry out PEL 112 and PEL 444 exploration activities”. By selling a 5.1666% interest in the Australian petroleum licenses to Perseville, the Terra Nova Team raised $3,000,000 without causing any share capital dilution to the shareholders. The Terra Nova Team has already completed detailed exploration activities, and financing, and is ready to drill.

• -Potential Merger with Financially Distressed Companies. The dissidents intend to “review other strategic opportunities, including corporate acquisitions, in order to enhance shareholder value.” It remains unclear whether the dissidents intend to use Terra Nova to merge with either Strongbow and/or Holloman. The Terra Nova Team is opposed to any such merger as it would cause Terra Nova to assume Strongbow’s working capital deficiency of approximately $1.021 million as at February 28, 2015, as reported in their Annual Report on Form 10-K for the year then ended, and/or Holloman’s working capital deficiency of approximately $0.194 million as at March 31, 2015, as reported in their Quarterly Report on Form 10-Q for the three months then ended. Any potential transaction would cause further dilution to the shareholders of Terra Nova.

• -Dissidents Hold Limited Number of Shares of Terra Nova. The dissidents have little equity ownership in Terra Nova as they have notified us that they hold, directly and indirectly only 536,496 common shares of Terra Nova, representing 0.6% of the issued and outstanding shares. The Terra Nova Team will hold the dissidents to strict compliance with the requirement that they have not solicited more than 15 persons prior to filing the dissident circular. Given numerous message board posts over the past weeks, the Terra Nova Team is concerned that the dissidents did not comply with the mandatory proxy solicitation requirements.

Based on the foregoing, the Terra Nova Team is concerned that Terra Nova’s attractive cash position may be exploited for reasons unclear to us and that the use of funds will not be for drilling, or to the benefit of Terra Nova’s shareholders.

Shareholders are encouraged to vote today using the YELLOW Proxy and Vote FOR Management’s Director Nominees for a continued brighter future.

Shareholder Questions

Shareholders with questions or for voting assistance to please contact Terra Nova’s proxy solicitation agent:

Laurel Hill Advisory Group
North American Toll Free Number: 1-877-452-7184
Collect Outside North America: 1-416-304-0211
Email: assistance@laurelhill.com

About Terra Nova Energy Ltd.

Terra Nova Energy Ltd. is an oil and gas company with a 20.66% working interest in two onshore petroleum exploration licenses (“PELs”), being PEL 112 and PEL 444, located on the western flank of the Cooper Eromanga Basin in the State of South Australia, Australia. Its common shares trade on the TSX Venture Exchange under the symbol “TGC” and its ordinary shares trade in the U.S. on the OTCQX marketplace under the symbol “TNVMF.”

For more information please contact:

Terra Nova Energy Ltd.

Investor Relations
T: +1 604 200 1039
Email: info@terranovaenergyltd.com

Nico Civelli
VP Finance
T: +65 9395 8990
Email: nico@terranovaenergyltd.com

This news release contains forward-looking information relating to Terra Nova’s intentions to conduct the drilling programs and other statements that are not historical facts. Such forward-looking information is subject to important risks and uncertainties that could cause actual results to differ materially from what is currently expected, for example: risks related to oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, competition from other producers, inability to retain drilling rigs and other services, reliance on key personnel, and insurance risks. Findings by other oil and gas issuers does not necessarily indicate that Terra Nova will be successful in making such findings in the Western Flank. In making such forward-looking statements, Terra Nova has relied upon certain assumptions relating to geological settings, commodity prices, the stability of markets and currencies and the availability of capital to Terra Nova in order to continue with the seismic and drilling programs. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While Terra Nova may elect to, Terra Nova is under no obligation and does not undertake to update this information at any particular time, except as required by applicable securities law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Terra Nova Energy Ltd. 

ReleaseID: 429952

Innovative Technology Expands Centraco(TM) Command and Control Platform

JACKSONVILLE, FL / ACCESSWIRE / June 18, 2015 / Information Systems Associates Inc. (OTCQB: IOSA) and its wholly-owned subsidiary Duos Technologies (“Duos”), a provider of intelligent security analytical technology solutions, announce completion of a new integration solution for PPM’s Perspective Incident Management software.

The modular integration expands the capabilities of Duos’ Physical Security Information Management (“PSIM”) component of the Centraco platform, which feeds event driven information directly into the Perspective Incident Management system. These incidents originate in Centraco’s Distributive Alarm Manager Module and include video analytics alarms, panic button events and fire alarm events.

“This integration represents the power of agnostic connectivity between two synergistic applications and brings tremendous value and performance to the end user by leveraging improved situational awareness and operational continuity with state-of-the-art incident management and reporting,” said Scott Carns, Vice President, Operations & Engineering for ISA Duos Technologies.

Centraco intelligently connects information from a virtually unlimited number of connected devices, sub-systems and data streams into a single central command and control user interface.

About Information Systems Associates Inc./Duos Technologies Inc.

Information Systems Associates Inc. (OTC Markets: IOSA), based in Jacksonville, FL, provides intelligent security analytical technology solutions with a strong portfolio of intellectual property, primarily through its wholly-owned subsidiary Duos Technologies, Inc. Duos Technologies’ core competencies include advanced intelligent technologies that are delivered through its proprietary integrated enterprise command and control platform, centracoTM. The Company provides its broad range of technology solutions with an emphasis on mission critical security, inspection and operations within the rail, utilities, petrochemical, healthcare, and hospitality sectors. ISA also offers IT, professional services and consulting services for information technology projects.

For more information, check out: http://www.duostechnologies.com.

Forward-Looking Statements

This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, the successful operation of the modular integration under typical real-time operating conditions, the market acceptance of such solution, the sufficiency and availability of working capital and general changes in economic conditions. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-K for the year ended December 31, 2014. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to revise or update any forward-looking statement for any reason.

Contacts:

Corporate
Jean Martin
904-652-1601
jmm@duostech.com

Investors Relations
Hayden IR
917-658-7878
hart@haydenir.com

SOURCE: Information Systems Associates Inc.

ReleaseID: 429946

ADDISON, TX / ACCESSWIRE / June 18, 2015 / Wound Management Technologies, Inc. (OTCQB: WNDM), an emerging commercial stage company with its primary product, a patent-protected and FDA-cleared collagen product, CellerateRX(R), today announced that it has fully paid short term loans due to Brookhaven Medical Inc. This was made possible by investments from existing shareholders.

The new $1.2 million investment was made as long term Senior Secured Promissory Notes which have a three year maturity date. The notes which have a conversion feature have no interest or principle due until the maturity date. Full details are filed in the corresponding Form 8-K.

In conjunction with the new investment, Mr. S. Oden “Denny” Howell, Jr. has been appointed to the Wound Management Board of Directors and Mr. John Feltman of Brookhaven Medical has resigned from the board. Mr. Howell is a long term investor in pharmaceutical and medical device companies, as well as a past director of a pharmaceutical company.

“We are extremely pleased that our investors continue to support Wound Management and our CellerateRX growth strategy and that Denny Howell has joined our Board,”  commented Robert Lutz, Jr., Wound Management CEO. “Denny brings a wealth of experience in emerging medical companies as well as other businesses to our board and we look forward to his expertise and involvement as we continue to build the CellerateRX market.”

“Replacing the Brookhaven short-term debt with a long term debt instrument allows us to keep focused on our CellerateRX growth strategy and to continue to invest in our regional sales management team and surgical sales channel,” continued Mr. Lutz.

About Wound Management Technologies

Wound Management Technologies, Inc. is an emerging commercial stage company with its primary products in the $5B worldwide advanced wound care market. Wound Management’s primary focus is the distribution of its Wound Care Innovations subsidiary’s unique, patented collagen product line, CellerateRX(R) which is FDA-cleared for all wound types except 3rd degree burns. The wound care product line is reimbursable under Medicare Part B and the surgical products are reimbursable as part of procedural billing. Wound Management has other advanced biotech products in development including a patented resorbable bone hemostat line that is in late stages of development. For more information visit www.wmgtech.com.

To download Wound Management Technologies’ investor relations app, which offers access to SEC documents, press releases, audio casts and more, please visit http://bit.ly/1zhNwnO to download on your iPhone and iPad or http://bit.ly/149PgWc for your Android mobile device.

Information about Forward-Looking Statements

The statements in the press release that relate to the Company’s expectations with regard to the future impact on the Company’s results from new products in development and any other statements not constituting historical facts are “forward-looking statements,” within the meaning of and subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. This document may contain forward-looking statements concerning the Company’s operations, current and future performance and financial condition. These items involve risks, contingencies and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, the ability to consummate and integrate acquisitions, and other risks, contingencies and uncertainties detailed in the Company’s SEC filings, which could cause the Company’s actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by these statements. The Company undertakes no obligation to revise any of these statements to reflect the future circumstances or the occurrence of unanticipated events.

Investor Contacts:

Investor Relations
972.218.0935
info@wmgtech.com

SOURCE: Wound Management Technologies, Inc.

ReleaseID: 429932

MELBOURNE, AUSTRALIA / ACCESSWIRE / June 18, 2015 / Propanc Health Group Corporation (OTCPK: PPCH) (“Propanc” or “the Company”), an emerging healthcare company focusing on the development of new and proprietary treatments for cancer patients, today announced the Company repaid two outstanding convertible notes as part of its plans to reduce overall debt.

The Company repaid a total of $120,599.29 to KBM Worldwide Inc. and Carebourn Capital. Importantly, the Company continues to take a considered approach to repaying its debts, whilst carefully balancing the need for capital to fund its research and development activities.

“Once again, I am pleased we continue to settle these debts, as we seek to minimize shareholder dilution and engage long term investors willing to support the Company’s plans to progress PRP into clinical trials,” said James Nathanielsz, Propanc’s Chief Executive Officer, “Whilst I am grateful for the working capital which has been put to good use for the Company, the Board is now focusing its attention on reducing overall debt, increasing cash reserves and investing additional funds into our research and development activities.”

About Propanc:

We are a development stage healthcare company that is currently focused on developing new cancer treatments for patients suffering from pancreatic and colorectal cancer. Together with our scientific and oncology consultants, we have developed a rational, composite formulation of anti-cancer compounds which exert a number of effects designed to control or prevent tumors from recurring and spreading throughout the body. Our leading products are variations upon our novel formulation and involve or employ proenzymes, which are inactive precursors of enzymes. As a result of positive early indications of the anti-cancer effects of our technology, we intend to submit our proenzyme treatment to the rigorous, formal non-clinical and clinical development and trial processes required to obtain the regulatory approval necessary to commercialize it and any product(s) derived and/or to be derived therefrom.

In the near term, we intend to target patients with limited remaining therapeutic options for the treatment of solid tumors such as colorectal or pancreatic tumors. In the future, we intend to development our lead product to treat (i) early stage cancer and (ii) pre-cancerous diseases and (iii) as a preventative measure for patients at risk of developing cancer based on genetic screening. For more information, please visit: www.propanc.com.

Forward-looking Statements:

Certain of the matters discussed in this announcement involve risks and uncertainties including, without limitation, those regarding the Company’s ability to establish and maintain the proprietary nature of its technology through the patent process, its ability to license from others patents and patent applications, if necessary, to develop certain products, its ability to implement its long range business plan for various applications of its technology, and its ability to enter into agreements with any necessary marketing and/or distribution partners for purposes of commercialization. This is not a solicitation to buy or sell securities and does not purport to be an analysis of the company’s financial position. See Propanc’s most recent Quarterly Report on Form 10-Q and related 8K filings

Contact:

Regal Consulting
Tel: 702 – 575 – 9157

SOURCE: Propanc Health Group Corporation

ReleaseID: 429940

FORT LAUDERDALE, FL / ACCESSWIRE / June 18, 2015 / RealBiz Media Group Inc. (OTCQB: RBIZ): We are pleased to report several advances in our company’s forward momentum as RealBiz is in the best financial and marketing position it has ever experienced.

Through technology enhancements and cost efficiencies implemented in the last 90 days, we are on target to save approximately $1,700,000 per year while continuing to accelerate our business models and income generation. We have accomplished this while streamlining organizational structures and functional capabilities. Our new CIO/COO, Alex Aliksanyan, has aggressively eliminated reliance on outside consulting services while integrating all four technology platforms into a seamless offering. This positions us for greater sales and productivity with National and Regional offices, as well as individual agents. Additionally, they have increased their efforts, making them more integral to the RealBiz solution. They now work as one body entity, focused on a specific set of strategic tasks. These improvements have produced a direct market impact on our revenue and earnings growth.

All of the above efforts have brought RealBiz Media within a short distance of profitability. We have reduced our monthly burn rate from over $290,000 at the beginning of the year to less than $40,000. Our goal is to close this gap and shortly move into profitability through increased revenues. To this end, we have recently announced significant enhancements and functionality to our video platform; to include High Definition options, improved messaging and advertising and transitioning capabilities. Over the past thirty days our key National and Regional accounts such as Keller Williams, Century 21 and ERA, have received corporate wide video production technology upgrades, providing these firms and their clients a much improved video experience. As this group represents a majority of our current business, we are now preparing to offer them additional services within and without the video space. In the enterprise sales arena, we have several new clients which we hope to bring on the platform in the very near future. Recently, we finished work on two new regional broker clients that have purchased our full catalog of video production capabilities and are now moving to the deployment stage.

For individual agents, we now have a complete ecosystem that allows them to capture multiple benefits from using our PowerAgent platform. PowerAgent has evolved into a fully integrated productivity suite that goes far beyond what our competitors are offering. It includes a CRM (Customer Relationship Management), Social Media connectivity, marketing, lead generation, video creation and customer loyalty platforms–all at a very affordable price. With this product available, our emphasis moves from development to trial and adoption. As marketing will be the priority, we are sourcing and testing new approaches to agent acquisition and retention. Our greatest development is that we now have a direct-to-agent product that will add to our revenue base daily. This is critical as the sales cycle for enterprise clients can often extend to six months or more.

System wide improvements have also been completed to our back end processes. Upgrades to our main database and scripting files will now allow us to ingest millions of US listings daily. This is a first for RealBiz, making us among the largest in the industry. The new database will also allow us to bring on a host of new features; most importantly dramatically enhanced maps, geographic manipulation and listing alert capabilities-all key functionality needed by both agents and consumers.

The funding for these key efforts to enhance product offerings and integrate the technology platforms largely came about through a financial offering arranged through our underwriter Security Research Associates. We are convinced our current technology offerings hit the “sweet spot” for agents. Our platforms deliver video, social media and agent awareness marketing solutions, giving a true alternative to the current options-the lead purchase programs offered by major consumer real estate websites.

One of our potential challenges will be to effectively get our marketing message out to the real estate community. In coordination with our recent achievements, we welcome a $500,000 investment from Himmil Group, arranged by, The Benchmark Company, LLC, a New York based investment bank. Much of this funding will be used for a marketing campaign designed to accelerate the company’s revenue growth.

Finally, the company is completing a decoupling from our parent company, Next1 Interactive, making RealBiz Media a pure Technology service company for the real estate community. We are in the final stages of deconsolidating the financial statements and under this decoupling we will be able to provide shareholders a clearer presentation and simpler reporting. We look forward to the balance of the year and anticipate positive cash flows and accelerated revenue growth.

With profitability and revenue growth anticipated in the near term, we hope you are as excited as we are with the hard work it has taken to reach this pivotal moment. Given our current market position, a strong technology platform with significant competitive advantages and functionality, our shareholders are now able to benefit from our future growth. We believe it’s a great time to be a RealBiz Media shareholder!

About RealBiz Media Group, Inc.:

RealBiz Media Group, Inc. is a real estate digital media and technology company whose proprietary video processing technology makes it one of the leaders in providing home video tours to the real estate industry. Its client base reaches more than 350,000 real estate agents and brokers. The company provides a series of products including a consumer portal at http://www.nestbuilder.com, an agent-only platform known as Nestbuilder Agent, an agent social media and marketing solution known as ReachFactor, a growing MVA network, virtual tours and mobile apps. The company enjoys access to many of the nation’s largest real estate companies with numerous approved vendors and national contracts.

RealBiz Media Group, Inc. (RBIZ) trades on the OTCQB venture stage marketplace for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.com.

Safe Harbor Statement:

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

CONTACT:

Chesapeake Group
Kevin Holmes
info@chesapeakegp.com
+1 (410) 825-3930

SOURCE: RealBiz Media Group Inc.

ReleaseID: 429937

DENVER, CO / ACCESSWIRE / June 18, 2015 / Grid Petroleum Corp. (PINKSHEETS: GRPR): The Board of Directors are pleased to announce that Grid Petroleum has submitted drilling permit applications with the State of California for the Grid Petroleum’s leases in the its Kreyenhagen Trend Properties located in the San Joaquin Valley of Central California.

“We are looking forward to drilling five wells into the shallow Temblor Formation as well as five into the Kreyenhagen, Avenal and Monterey Shale Formations. We are hoping to produce between 2,000 and 3,000 barrels a day from the wells once the drilling program is completed,” Grid Petroleum President, James Powell, stated.

The Companies acreage in the Kreyenhagen Trend will have a total of ten wells producing when drilling is completed. The Company is actively seeking additional acreage that is in the same field as the acreage it currently holds.

The company will be the Operator of these lease holdings.

Grid Petroleum Corporation has cancelled the funding agreement that had it with Santa Rosa Resources Inc. that was announced last year at this time. 

Grid Petroleum Corp. is a development stage company focused on the acquisition and development of low cost high reward oil and gas prospects with infield drilling for proven potential reserves in the United States and Canada.

Forward-Looking Statements

Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “aims”, “potential”, “goal”, “objective”, “prospective”, and similar expressions or that events or conditions “will”, “would”, “may”, “can”, “could” or “should” occur. Information concerning oil or natural gas reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed.

Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of oil and natural gas reserves, the uncertainty of the requirements demanded by environmental agencies, the Company’s ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of oil or gas are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in the Company’s periodic filings filed from time to time with US Securities and Exchange Commission at www.sec.gov.

This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “Securities Act”). They may not be offered or sold in the United States (as defined in Regulation S under the Securities Act), except pursuant to an exemption from the registration requirements of the Securities Act.

Cautionary Note to U.S. Investors — The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms such as estimates of a mean of undiscovered natural gas and estimates of a mean of undiscovered oil that the SEC’s guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10-K and other periodic reports filed by us from time to time with the SEC, available from us at www.sec.gov. You can also obtain this form from the SEC by calling 1-800-SEC-0330.

CONTACT:

Grid Petroleum Corp.
www.gridpetroleum.com
720 590 4730

SOURCE: Grid Petroleum Corp.

ReleaseID: 429935