ZAM Investments Luxembourg, s.á.r.l. - Acquisition of Additional Common
Shares of Athabasca Oil Corporation
CALGARY, June 6, 2013 /CNW/ - ZAM Investments Luxembourg, s.á.r.l. ("ZAM")
announced today that it has acquired ownership of 8,064,600 common shares of
Athabasca Oil Corporation (Symbol "ATH") (the "Corporation") through trades on
public exchanges, including the Toronto Stock Exchange ("TSX"), between the
period of May 13 - June 6, 2013 at an average price of CAD 6.32. Prior to
this purchase, ZAM owned 57,380,750 common shares of the Corporation
representing 14.3% of the issued and outstanding common shares.
As a result of this purchase, ZAM has ownership of 65,445,350 common shares of
the Corporation, representing approximately 16.3% of the Corporation's
currently issued and outstanding common shares. ZAM acquired the common shares
of the Corporation for investment purposes only. ZAM intends to review, on a
continuous basis, various factors related to its investment, including (but
not limited to) the price and availability of the securities of the
Corporation, subsequent developments affecting the Corporation or its
business, and general market and economic conditions. Based upon these and
other factors, ZAM may decide to purchase additional securities of the
Corporation or may decide in the future to sell all or part of its investment.
ZAM Investments Luxembourg, s.á.r.l. 65 Boulevard Grande - Duchesse Charlotte
SOURCE: ZAM Investments Luxembourg, s.á.r.l.
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CO: ZAM Investments Luxembourg, s.á.r.l.
-0- Jun/06/2013 22:25 GMT
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