10/20/2014 - 9:49 AM EST - Edgewater Exploration Ltd. : has entered into a non-binding Letter of Intent pursuant to which one of Spain's largest engineering procurement and construction companies will contemplate acquiring a meaningful ownership position in the Project. The Company's view is that this investment by the Spanish Partner would meet the request by the Galician Government that Edgewater secure additional balance sheet strength for the Project. Edgewater Exploration Ltd.
shares V.EDW are trading unchanged at $0.05.