Palliser Oil & Gas Corp. PSLRF

Another extension

[roscoe74]

Palliser Provides Status Update V.PXL | 14 hours ago (via Thenewswire.ca) December 14, 2014 / TNW-ACCESSWIRE / Calgary, Alberta / Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE: PXL) announces that the forbearance agreement between Palliser and its lender has been extended to December 19, 2014 in order to permit the Company to continue negotiations relative to the terms of a potential amended credit facility and potential third party arrangements with respect to the Company. Palliser is focused on continuing its operations as effectively and efficiently as possible in the current economic climate and in the context of its financial circumstances as previously disclosed. There can be no assurance that the Company will be able to conclude third party arrangements or arrangements with its lender necessary for the Company to continue as a going concern. Read more at https://www.stockhouse.com/news/press-releases/2014/12/14/palliser-provides-status-update#cVISVz7FHrm9F5K4.99