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Wingren B.V. Files Early Warning Report
IRVING, TEXAS--(Marketwired - Feb. 2, 2016) - On February 2, 2016, Wingren B.V. ("NGP"), c/o Prins Bernhardplein, 200, 1097 JB Amsterdam, The Netherlands, acquired ownership of 12,040,340 common shares ("New Petrus Shares") of Petrus Resources Ltd. (formerly known as Petrus Acquisition Corp.) ("New Petrus") pursuant to: (i) a plan of arrangement under section 193 of the Business Corporations Act (Alberta) (the "Arrangement") in accordance with the provisions of an arrangement agreement dated as of November 29, 2015, among Petrus Resources Corp. (formerly known as Petrus Resources Ltd.) ("Old Petrus"), PhosCan Chemical Corp. ("PhosCan"), New Petrus and Fox River Resources Corp.; and (ii) the completion of a private placement of subscription receipts to acquire New Petrus Shares ("New Petrus Subscription Receipts") upon completion of the Arrangement (the "Private Placement"). NGP is owned, controlled or managed, directly or indirectly, by NGP Energy Capital Management.
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