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New Western Energy Corp Announces Non-Binding Letter of Intent to Acquire Legend Oil and Gas Ltd

Tuesday, 7 Jan 2014 08:32am EST 

New Western Energy Corp:Says it has entered into a non-binding letter of intent to acquire all of the issued and outstanding common shares of Legend Oil and Gas Ltd.Says under the terms, New Western Energy proposes to exchange shares of Legend Oil valued at $0.09 per share for shares of New Western Energy.Says completion of the acquisition will be subject to the negotiation and execution of a binding agreement and the satisfaction of a number of condition. 

Company Quote

29 Jan 2015