TRILOGY ENERGY CORP. COMPLETES SALE OF CERTAIN ASSETS IN THE GRANDE PRAIRIE AREA OF ALBERTA FOR $50 MILLION

TRILOGY ENERGY CORP. COMPLETES SALE OF CERTAIN ASSETS IN THE GRANDE PRAIRIE AREA OF ALBERTA FOR $50 MILLION

Trilogy Energy Corp. (“Trilogy”) (TSX – TET) is pleased to announce that it has completed its previously announced sale of certain Valhalla assets in the Grande Prairie area of Alberta for cash consideration of $50 Million, with the proceeds to be used to reduce Trilogy’s indebtedness under its revolving credit facility.

SOURCE:  http://trilogyenergy.mwnewsroom.com/Files/84/84608533-5743-44d4-9051-d97de512cc76.pdf

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