CALGARY, Feb. 24, 2016 /CNW/ - Argent Energy
Trust ("Argent" or the "Trust") (TSX:
AET.UN) announces that, further to the news releases issued by
it on February 2, 2016 and
February 17, 2016, it has been
advised by the Toronto Stock Exchange (the "TSX") that the
units of the Trust (TSX: AET.UN), the 6.00% convertible
unsecured subordinated debentures due June
30, 2018 (TSX: AET.DB) and the 6.50% convertible
unsecured subordinated debentures due December 30, 2018 (TSX: AET.DB.A) will be
delisted effective at the close of market on March 24, 2016 for failure by the Trust to meet
the continued listing requirements of the TSX. Trading in the
securities of the Trust will remain suspended from trading on the
TSX until the delisting date.
Note About Forward Looking Statements
This press release includes forward-looking information within
the meaning of applicable Canadian and United States securities legislation. All
statements, other than statements of historical facts, that address
activities, circumstances, events, outcomes and other matters that
Argent budgets, forecasts, plans, projects, estimates, expects,
believes, assumes or anticipates (and other similar expressions)
will, should or may occur in the future, are considered
forward-looking information.
Forward-looking information contained in this news release
includes, but is not limited to, statements concerning the
delisting of the Trust's securities on the TSX. The forward-looking
information contained in this news release is based on management's
current beliefs, expectations and assumptions, based on currently
available information as to the outcome and timing of future
events.
Forward-looking information is subject to a number of risks and
uncertainties that could cause actual results to differ materially
from the expectations set forth in the forward-looking information.
Forward-looking information is not a guarantee of future results or
performance or an assurance that our current assumptions and
projections are valid. All forward-looking information speaks only
as of the date of this news release, and the Trust assumes no
obligation to, and expressly disclaims any obligation to, update or
revise any forward-looking information, except as required by law.
You should not place undue reliance on forward-looking information.
You are encouraged to closely consider the additional disclosures
and risk factors contained in the Trust's periodic filings on SEDAR
that discuss in further detail the factors that could cause future
results to be different than contemplated in this press
release.
SOURCE Argent Energy Trust