Business NewsMarketWire • Redline Capital Management Acquires 8,695,652 Common Shares of MCW Energy Group Limited

Redline Capital Management Acquires 8,695,652 Common Shares of MCW Energy Group Limited

Redline Capital Management Acquires 8,695,652 Common Shares of MCW Energy Group Limited

LUXEMBOURG, LUXEMBOURG--(Marketwired - July 3, 2013) - Redline Capital Management S.A., acting for the account of Redline Capital Fund - Universal Investments, a sub-fund of Redline Capital Fund, FCP-FIS ("Redline"), with its registered office at 26 Avenue Monterey, L-2163 Luxembourg, announced today that it has acquired ownership of 8,695,652 common shares of MCW Energy Group Limited ("MCW") at a price of CAD 0.73 per share.

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Redline Capital Management Acquires 8,695,652 Common Shares of MCW Energy Group Limited