Le Lézard
Classified in: Business
Subjects: FINANCING AGREEMENTS, MISCELLANEOUS

New Stratus Energy Announces Extension of Expiry Date of Uranium Put Agreement


CALGARY, Alberta, Jan. 12, 2018 (GLOBE NEWSWIRE) -- New Stratus Energy Inc. (TSX.V:NSE) ("New Stratus" or the "Corporation") announces that the expiry date of the put and sale agreement dated May 3, 2017 for its uranium assets and the maturity dates of the related loan agreements have each been extended from December 31, 2017 to August 31, 2018. For further information regarding the put and sale agreement and the loan agreements, please refer to the Corporation's management's discussion and analysis dated November 27, 2017 for the interim period ended September 30, 2017 available on SEDAR at www.sedar.com.

Contact Information:

Krishna Vathyam                                                                             
Interim Chief Executive Officer                                 
+1 403 538 5471
[email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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