/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THEUNITED STATES/
CALGARY, May 10, 2013 /CNW/ - Seven Generations Energy Ltd. ("7G") is pleased to announce that it has closed a private placement of US$400 million in aggregate principal amount of 8.25% senior unsecured notes due 2020.
Founded in 2008, Seven Generations Energy Ltd. is a private oil and gas developer based in Calgary, Alberta. 7G is engaged in the delineation and development of its Kakwa River Project, a multi-zone, tight, rich gas project in theAlberta Deep Basin, approximately 100 km south of Grand Prairie, Alberta. As a result of the successful private placement, 7G plans to ramp up its activity levels on the Kakwa River Project.
This press release is not an offer of the Notes in the United States. The Notes have not and will not be registered under the U. S. Securities Act of 1933, as amended (the "US Securities Act"). The Notes may not be offered or sold, except to qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the US Securities Act, or to persons outside the United States in compliance with Regulation S and applicable Canadian exemptions. Any public offering of securities made in theUnited States would be made by means of a prospectus that would be obtainable from 7G and that would contain detailed information about 7G, its management and financial statements.