GENEVA, SWITZERLAND -- (Marketwired) -- 12/23/14 -- Jean-Claude Chaligne and Stefan Chaligne wish to clarify certain facts contained in the news release and early warning report filed on December 22, 2014. It was previously announced that 5,354,208 class A common shares (Common Shares) of Calvalley Petroleum Inc. (Calvalley) were transferred from a private company (PrivateCo) into a trust (the Trust). However, the Common Shares remain with PrivateCo and PrivateCo was settled into the Trust. Jean-Claude Chaligne is the settlor of the Trust and Stefan Chaligne is the Investment Manager of the Trust. Stefan Chaligne still exercises control and direction over the Common Shares held by PrivateCo.
For a copy of the amended and restated early warning report setting out all of the details of the transaction, please refer to the SEDAR profile of Calvalley, or see the contact information below.
Contacts:
Jean-Claude Chaligne / Stefan Chaligne
c/o Credit Agricole Suisse Conseil SA
11, rue du Marche
P.O. Box 5259
CH - 1211 Geneva 11
Switzerland
