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 
JULY 2, 2014 
Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio 
CALGARY, ALBERTA--(Marketwired - July 2, 2014) - Bonavista Energy Corporation
(TSX:BNP) ("Bonavista") is pleased to announce the increase to the
Exchange Ratio of its exchangeable shares from 1.24133 to 1.24666. This
increase will be effective on July 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            Effective           
Bonavista             Date of            
common                the    Exchange 
Record Date            Bonavista    shares   Increase  increase  Ratio as  
of      Opening    Dividend   (Prior to    in        in      of the  
 Bonavista   Exchange  per common the end of Exchange  Exchange  Effective
  Dividend    Ratio      share    the Month) Ratio (1)   Ratio     Date   
--------------------------------------------------------------------------
  June 30,                                             July 15,            
2014     1.24133     $0.07      $16.30    0.00533    2014     1.24666 
-------------------------------------------------------------------------- 
(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- Jul/02/2014 20:08 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.