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 
AUGUST 1, 2014 
Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio 
CALGARY, ALBERTA--(Marketwired - Aug. 1, 2014) - Bonavista Energy Corporation
("Bonavista") (TSX:BNP) is pleased to announce the increase to the
Exchange Ratio of its exchangeable shares from 1.24666 to 1.25282. This
increase will be effective on August 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            
Bonavista     shares   Increase       Date   Exchange
Record                  Dividend  (Prior to         in     of the      Ratio
Date of        Opening       per    the end   Exchange   increase  as of the
Bonavista     Exchange    common     of the      Ratioin Exchange  Effective
Dividend         Ratio     share     Month)        (1)      Ratio       Date
----------------------------------------------------------------------------
July 31,                                               August 15,           
 2014          1.24666     $0.07     $14.16    0.00616       2014    1.25282
---------------------------------------------------------------------------- 
/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 
INDUSTRY:  Energy and Utilities - Oil and Gas  
SUBJECT:  STK 
-0-
-0- Aug/01/2014 18:13 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.