TerraVest Announces Normal Course Issuer Bid For Its Common Shares And Automatic Securities Purchase Plan
About TerraVest Capital Inc.
The Corporation has investments in two portfolio businesses:
- RJV Gas Field Services, one of Canada's largest providers of wellhead processing equipment for the natural gas industry in western Canada; and
- Diamond Energy Services, a market leader in providing well servicing to the oil and natural gas sector in south‐western Saskatchewan.
Caution Regarding Forward-Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact contained in this news release are forward-looking statements, including, without limitation, statements regarding our strategic direction and evaluation of the portfolio businesses and the Corporation as a whole, and other plans and objectives of or involving the Corporation. Readers can identify many of these statements by looking for words such as "believe" and "may" and similar words or the negative thereof. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.By their nature, forward-looking statements require us to make assumptions and, accordingly, forward looking statements are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate. We caution readers of this news release not to place undue reliance on our forward-looking statements because a number of factors may cause actual future circumstances, results, conditions, actions or events to differ materially from the plans, expectations, estimates or intentions expressed in the forward-looking statements and the assumptions underlying the forward-looking statements. Assumptions and analysis about the performance of the Corporation as a whole and the Corporation's portfolio businesses, the markets in which the portfolio businesses compete and the prospects and values of the portfolio businesses are considered in setting the business plan for the Corporation, in evaluating and forecasting tax horizon, capital investments, outlook for operations, financial position, results and cash flow, other plans and objectives and in making related forward-looking statements. Such assumptions include, without limitation, the current tax regime in Canada remaining unchanged and the performance of the continuing portfolio businesses of the Corporation not differing materially from historic performance. Should any of these factors or assumptions vary, actual results may differ materially from the forward-looking statements. The information set forth under "Risk Factors" in the annual information form of the Corporation dated March 5, 2012 and under "Financial Instruments" in the MD&A of the Corporation for the period ended September 30, 2012, identifies risk factors that could affect the operating results and performance of the Corporation and its portfolio businesses and the values of the portfolio businesses and the Corporation as a whole. We caution that the lists of factors discussed in such information is not exhaustive and that, when relying on forward-looking statements to make decisions with respect to the Corporation, investors and others should carefully consider the factors discussed, as well as other uncertainties and potential events, and the inherent risks and uncertainties of forward-looking statements. The forward-looking statements herein are made based on the assumption that the Corporation will not be affected by such risks, but that, if the Corporation is affected by such risks, the forward-looking statements may become inaccurate. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date of this news release. Except as required by applicable securities laws, the Corporation does not undertake to update such forward-looking statements. SOURCE TerraVest Capital Inc.
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