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 
APRIL 1, 2014 
Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio 
CALGARY, ALBERTA--(Marketwired - April 1, 2014) - Bonavista Energy Corporation
(TSX:BNP) ("Bonavista") is pleased to announce the increase to the
Exchange Ratio of its exchangeable shares from 1.22558 to 1.23098. This
increase will be effective on April 15, 2014 (the "Effective Date"). 
The following are the details of the calculation of the Exchange Ratio: 
/T/ 
---------------------------------------------------------------------------- 
Five day                                     
Weighted                                     
Average                                      
Trading                                      
Price of                                     
Bonavista                                     
common               Effective    Exchange 
  Record             Bonavista   shares    Increase  Date of the Ratio as of
  Date of   Opening  Dividend   (Prior to     in     increase in     the    
 Bonavista Exchange per common the end of  Exchange    Exchange   Effective 
 Dividend    Ratio     share   the Month)  Ratio (1)    Ratio        Date   
----------------------------------------------------------------------------
 March 31,                                            April 15,              
2014    1.22558    $0.07     $15.89     0.00540      2014      1.23098  
----------------------------------------------------------------------------
(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.                              
/T/ 
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: 
Glenn A. Hamilton
Senior Vice President & CFO
or
Bonavista Energy Corporation
1500, 525 - 8th Avenue SW
Calgary, AB T2P 1G1
(403) 213-4300 
INDUSTRY:  Energy and Utilities - Oil and Gas  
SUBJECT:  STK 
-0-
-0- Apr/01/2014 20:05 GMT
 
 
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