Tuesday, September 3, 2013

TriOil Strategic Process Extended

CALGARY , Sept. 3, 2013 /CNW/ - (TOL.VTriOil Resources Ltd. ("TriOil" or the "Company") announces that it has extended the period of exclusive negotiations between itself and another party in relation to its strategic alternatives process.  The exclusive negotiation period has been extended from the end of August to the second half of September 2013 by mutual agreement of the parties. At the present time, there can be no assurances or guarantees that these negotiations will result in an acceptable transaction. Further updates in respect of the Company's strategic alternative process will be made in due course.

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