Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio

Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio 
NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: Bonavista Energy Corporation 
TSX SYMBOL:  BNP 
MARCH 3, 2014 
Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio 
CALGARY, ALBERTA--(Marketwired - March 3, 2014) - Bonavista Energy Corporation
("Bonavista") (TSX:BNP) is pleased to announce the increase to the
Exchange Ratio of its exchangeable shares from 1.22019 to 1.22558. This
increase will be effective on March 17, 2014 (the "Effective Date"). 
The following are the details of the calculation of the Exchange Ratio: 
/T/ 
---------------------------------------------------------------------------- 
Five day                                  
Weighted                                  
Average              Effective            
Trading Price            Date of             
of Bonavista Increase     the     Exchange 
  Record              Bonavista common shares    in     increase   Ratio as 
  Date of   Opening   Dividend     (Prior to  Exchange     in       of the  
 Bonavista  Exchange per common   the end of    Ratio   Exchange   Effective
 Dividend    Ratio      share     the Month)     (1)      Ratio      Date   
----------------------------------------------------------------------------
 February                                                                    
28,                                                 March 17,            
2014    1.22019     $0.07       $15.85     0.00539    2014      1.22558 
---------------------------------------------------------------------------- 
/T/ 
(1) The increase in the Exchange Ratio is calculated by multiplying the
Bonavista dividend per common share by the Exchange Ratio immediately prior to
the Record Date and dividing by the five day weighted average trading price of
Bonavista's common shares. 
A holder of Bonavista exchangeable shares can exchange all or a portion of
their holdings into Bonavista common shares, at any time, by giving notice to
their investment advisor or Valiant Trust Company at its principal transfer
office in Suite 310, 606 - 4th Street S.W., Calgary, Alberta, T2P 1T1. 
Please visit our website at www.bonavistaenergy.com for detailed corporate
information. 
-30-
FOR FURTHER INFORMATION PLEASE CONTACT: 
Bonavista Energy Corporation
Glenn A. Hamilton
Senior Vice President & CFO
(403) 213-4300
www.bonavistaenergy.com 
INDUSTRY:  Energy and Utilities - Oil and Gas  
SUBJECT:  STK 
-0-
-0- Mar/03/2014 21:05 GMT
 
 
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