As part of the previously announced binding agreement for the acquisition on
Under
As previously announced, the Purchase Price for the Acquisition is being satisfied by way of the issuance of 40,440,000 Class A common shares (the 'Common Shares') at
'Currently the industry is experiencing mixed signals; the tailwinds of strong commodity prices and the headwinds of moral obligations to humanity. The Company's contribution is to be a responsible supplier of energy that fuels economic growth in a manner that provides an unwavering path forward that addresses head-on the extensive transitionary pressures to adapt to ever-changing social policies.'
About
The Company is an Emerging CSE listed corporation ('VIK'), and currently in combination with its licensed Joint Venture partner Avila Energy is a producer, explorer, and developer of Energy in
Contact:
Email: lars@petroviking.ca
Cautionary Statement Forward-Looking Information
This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as 'will', 'may', 'should', 'anticipate', 'expects' and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future plans and objectives of the Company are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Such factors include, but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets; increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities and labor relations matters. This list is not exhaustive of the factors that may affect the Company's forward-looking information.
Important factors that could cause actual results to differ materially from the Company's expectations also include risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.
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