Probe Resources Announces Filing of Its August 31st, 2010 Year End Audited Financial Statements and MD&A

Probe Resources Ltd. (TSX VENTURE:PBR) (the "Company" or "Probe") announces that
it has filed its August 31, 2010 year end audited Financial Statements and
Management Discussion and Analysis. These documents can be retrieved
electronically from SEDAR (www.sedar.com).


The Company is in the process of completing and filing its interim quarterly
financial statements and MDA. As a result of further technical review, the
company will not pursue a completion of the East Cameron 246 wellbore and is
continuing to review opportunities and strategic alternatives to maximize
shareholder value. 


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the Companies securities in the United States. The Companies
securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "US Securities Act) or any state
securities laws and may not be offered or sold within the United States or to
U.S. persons unless registered under the U.S. Securities Act and applicable
state securities laws or an exemption from such registration is available.


Statements in this press release may contain forward-looking information which
is subject to important risks and uncertainties, such forward-looking
information includes expectations of future operations (including drill rig
commitments and use of proceeds), commerciality of any hydrocarbon discovered,
production rates, operating costs, commodity prices, administrative costs,
commodity price risk, management activity, acquisitions and dispositions,
capital spending, access to credit facilities, income and oil taxes, regulatory
changes, relisting on the TSX Venture Exchange and other components of cash flow
and earnings. The reader is cautioned that assumptions used in the preparation
of such information may prove to be incorrect. Events or circumstances may cause
actual results to differ materially from those predicted, a result of numerous
known and unknown risks, uncertainties, and other factors, many of which are
beyond the control of the Company. These risks include, but are not limited to,
the risks associated with the oil and gas industry, commodity prices, and
exchange rate changes. Industry related risks could include, but are not limited
to, operational risks in exploration, development and production, delays or
changes in plans, risks associated with the uncertainty of reserve estimates, or
reservoir performance, health and safety risks and the uncertainty of estimates
and projections of production, costs and expenses. The reader is cautioned not
to place undue reliance on this forward-looking information. The Company
disclaims any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events or otherwise,
except as required by law.

Para Resources (TSXV:PBR)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024