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Wrangler West Energy Corp.

09:46 AM EST - Wrangler West Energy Corp. : announced that it has entered into an agreement with Trident Exploration Corp. and 981443 Alberta Ltd., a wholly-owned subsidiary of Trident, pursuant to which Trident will acquire Wrangler through the amalgamation of 981443 with Wrangler under the Business Corporations Act (Alberta), and Wrangler shareholders will receive cash consideration of $0.2552 per common share in the capital of Wrangler. The purchase price values Wrangler at approximately $7.5 million, including the assumption of Wrangler's estimated net debt. Wrangler West Energy Corp.
shares V.WX are trading unchanged at $0.20.