Strata Oil Announces Revocation of Cease Trade Order
CALGARY, ALBERTA (FSCwire) - Strata Oil & Gas Inc. ("Strata" or the "Company")
announces that it has been successful in its applications to the Alberta Securities Commission, as principle regulator, and the
British Columbia Securities Commission, to revoke the cease trade orders issued on June 14, 2013 and October 3, 2014,
respectively (the "Cease Trade Orders"). The Cease Trade Orders were issued as a result of the Company's failure to file
outstanding continuous disclosure documents on SEDAR, as required pursuant to Multilateral Instrument 51-101 – Issuers Quoted
in the U.S. Over –the-Counter Markets. The Company has completed its outstanding filings and the Cease Trade Orders were
revoked by the Alberta Securities Commission and the British Columbia Securities Commission on June 20, 2016.
Planned Work by the Company for 2016
When adequate funding can be assembled Strata intends to proceed with its drill exploration program and identified
targets to test for cold production. In addition, the Company continues to work with potential partners to discuss potential
funding arrangements which could facilitate the furtherance of our drill program.
About Strata Oil & Gas
Strata Oil & Gas is a US-publicly traded company focused on the exploration and development of heavy oil and
bitumen. The Company currently owns a 100% interest in its Cadotte heavy oil project in the Peace River region of Alberta's
Carbonate Triangle. For more information, go to the Company's website at www.strataoil.com.
Strata Oil and Strata Oil & Gas are trademarks of Strata Oil & Gas Inc. This announcement contains forward-looking
statements which involve risks and uncertainties that include, among others, limited operating history, risks related to
petroleum exploration, limited access to operating capital, and other factors which may cause the actual results, performance or
achievements of the Company to be materially different from any future results, performance or achievements expressed or implied
by such forward-looking statements.
Contact Information
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Strata06212016.pdf
Source: Strata Oil and Gas Inc. (OTCQB:SOIGF)
http://www.strataoil.com
Maximum News Dissemination by FSCwire. http://www.fscwire.com
Copyright © 2016 Filing Services Canada Inc.
