Gran Tierra Energy Inc. Corrects Announcement of Approval of Normal Course Issuer Bid
March 08 2018 - 11:28AM
Gran Tierra Energy Inc. (“Gran
Tierra”) (NYSE American:GTE) (NYSE MKT:GTE)
(TSX:GTE), a company focused on oil and gas exploration and
production in Colombia, announced earlier today that it has
received approval from the Toronto Stock Exchange
(“
TSX”) to implement its
previously announced normal course issuer bid (the
“
Bid”) through the facilities of
the TSX. The Bid may also be made through the facilities of
eligible alternative trading platforms in Canada.
About Gran Tierra Energy
Inc.
Gran Tierra Energy Inc. is an independent
international energy company focused on oil and natural gas
exploration and production in Colombia. The Company continues to
pursue new growth opportunities, leveraging its financial strength.
The Company's common shares trade on the NYSE American and the
Toronto Stock Exchange under the ticker symbol GTE. Additional
information concerning Gran Tierra is available at
www.grantierra.com. Investor inquiries may be directed to
info@grantierra.com or (403) 265-3221.
Gran Tierra’s Securities and Exchange Commission
filings are available on a website maintained by the Securities and
Exchange Commission at http://www.sec.gov and on SEDAR at
http://www.sedar.com.
Forward-Looking Statements and
Advisories
This press release contains statements about
future events that constitute forward-looking statements within the
meaning of the United States Private Securities Litigation Reform
Act of 1995, Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and forward looking information within the meaning of applicable
Canadian securities laws (collectively,
“forward-looking statements”).
Such forward-looking statements include, but are not limited to,
the benefits to be derived from the Bid and management’s belief
that the Bid will be advantageous to stockholders and other
benefits to be derived from the Bid. There can be no assurance as
to how many Shares, if any, will ultimately be acquired by Gran
Tierra under the Bid.
The forward-looking statements contained in this
news release are subject to risks, uncertainties and other factors
that could cause actual results or outcomes to differ materially
from those contemplated by the forward-looking statements,
including, among others: unexpected changes in general market and
economic conditions. Accordingly, readers should not place undue
reliance on the forward-looking statements contained herein.
Further information on potential factors that could affect Gran
Tierra are included in risks detailed from time to time in Gran
Tierra’s reports filed with the Securities and Exchange Commission,
including, without limitation, under the caption “Risk Factors” in
Gran Tierra’s Annual Report on Form 10-K filed February 27, 2018
and its quarterly reports on Form 10-Q. These filings are available
on a Web site maintained by the Securities and Exchange Commission
at http://www.sec.gov and on SEDAR at www.sedar.com.
All forward-looking statements are made as of
the date of this press release and the fact that this press release
remains available does not constitute a representation by Gran
Tierra that Gran Tierra believes these forward-looking statements
continue to be true as of any subsequent date. Actual results may
vary materially from the expected results expressed in
forward-looking statements. Gran Tierra disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as expressly required by applicable securities laws. Gran
Tierra's forward-looking statements are expressly qualified in
their entirety by this cautionary statement.
Contact
Information:
For investor and media inquiries please contact:
Gary GuidryChief Executive Officer
Ryan EllsonChief Financial Officer
Rodger TrimbleVice President, Investor
Relations403-265-3321info@grantierra.com
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