VANCOUVER, British Columbia, May 30, 2018 (GLOBE NEWSWIRE) -- Texada Capital Management Ltd, a company controlled by William Wheeler of West Vancouver BC announces that together with accounts owned jointly by Mr Wheeler and his wife Eileen Wheeler and the Wheeler Family Foundation, an entity under the direction of Mr. Wheeler, now own 10,927,823 shares of Crown Point Energy Inc. representing 14.9% of the currently outstanding shares of Crown Point. 9,768,923 shares were acquired in the recent rights offering and through participation in the additional subscription privilege available to right holders. These shares were acquired for investment purposes.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Texada Capital Management Ltd.
4775 Pilot House Rd
West Vancouver, BC.
Canada, V7W 1J4
Wheelz@texadacapital.com