East West Petroleum Provides Update on Special Distribution, Name Change and Consolidation
September 22, 2025 5:00 PM EDT | Source: East West Petroleum Corp.
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2025) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") wishes to provide an update on the capital reduction and special distribution discussed in the Company's news release of September 11, 2025 (the "Special Distribution"). Although the Special Distribution has not yet been completed, the process to complete it remains underway and is continuing to progress. The Company will provide a further update once the Special Distribution has been completed.
Further to its news release of September 17, 2025 announcing the proposed name change from "East West Petroleum Corp." to "East West Minerals Ltd." (the "Name Change") and consolidation of its common shares on a ten (10) for one (1) basis (the "Share Consolidation"), the Company also wishes to announce that the TSXV has approved the Name Change and Share Consolidation but these will not be implemented until after the Special Distribution is completed. The Company will provide a further update on timing of the Name Change and Share Consolidation after the Special Distribution is completed.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This news release may contain forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267423
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