Ms. Michelle Gramatke of JOG Capital reports
JOG LIMITED PARTNERSHIP NO. IV: ACQUISITION OF SECURITIES OF CEQUENCE ENERGY LTD.
JOG LP No. IV, in a series of open market purchases on the Toronto Stock Exchange on Jan. 5, 2011, acquired a total of 718,100 common shares of Cequence Energy Ltd. at a weighted average price of $1.95 per common share.
These shares represented approximately 0.6 per cent of the outstanding common shares of Cequence. Together with common shares previously held by the fund and by JOG LP No. III , an entity under common management with the fund, the fund and JOG LP III hold a total of 13,369,141 common shares of Cequence, representing approximately 10.38 per cent of the outstanding common shares.
The fund acquired the securities for investment purposes only and may, depending on market and other conditions, increase or decrease its beneficial ownership, control or direction over, or exercise his rights to acquire common shares through market transactions, private agreements or otherwise.
The fund is filing an early warning report on SEDAR, which will be available for review on Cequence's profile on SEDAR.