ZAM Investments Luxembourg, s.á.r.l. - Disposition of Common Shares of
Athabasca Oil Corporation
CALGARY, April 10, 2014 /CNW/ - ZAM Investments Luxembourg, s.á.r.l.
("ZAMIL") announced today that it has disposed of 30,947,356 common shares of
Athabasca Oil Corporation (Symbol "ATH")(the "Corporation"), representing 7.7%
of the issued and outstanding common shares of the Corporation, through trades
on public exchanges, including the Toronto Stock Exchange ("TSX"). The trades
effecting the disposition were made between the period of February 21- April
10, 2014 at an average price of CAD 8.12.
As a result of this disposition, ZAMIL has ownership of 34,497,994 common
shares of the Corporation, representing approximately 8.6% of the
Corporation's currently issued and outstanding common shares. ZAMIL acquired
the common shares of the Corporation for investment purposes only. ZAMIL
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, ZAMIL may decide to dispose of additional
securities of the Corporation or may decide in the future to purchase
securities of the Corporation.
SOURCE ZAM Investments Luxembourg, s.á.r.l.
ZAM Investments Luxembourg, s.á.r.l., 6, rue Eugène Ruppert, L-2453,
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CO: ZAM Investments Luxembourg, s.á.r.l.
-0- Apr/10/2014 23:28 GMT
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