ALFA Reports Acquisition of Pacific Rubiales Energy Shares

Source Press Release
Company ALFA, S.A.B. de C.VFrontera Energy Corporation 
Tags Deals, Strategy - Corporate, Upstream Activities
Date June 05, 2014

ALFA, S.A.B. de C.V. ("ALFA") announced today that it acquired 729,700 common shares of Pacific Rubiales Energy Corp. (the "Corporation") today on the Toronto Stock Exchange ("TSX"), at a price per share of $21.85 Canadian dollars, representing approximately 0.23% of the total outstanding common shares of the Corporation.   As a result of this acquisition and previous acquisitions made on the TSX, ALFA now beneficially owns, directly and indirectly through a wholly owned subsidiary, 38,431,800 common shares of the Corporation, representing approximately 12.26% of the total outstanding common shares of the Corporation.  

The common shares of the Corporation were acquired by ALFA for investment purposes. ALFA may, from time to time, increase or decrease its ownership of or control over securities of the Corporation in response to market conditions, the business and prospects of the Corporation or other factors.

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