Montana Exploration Corp. (TSXV:MTZ) entered into a share exchange agreement to acquire an additional 13.57% in Waldron Energy Corporation (TSX:WDN) from ANG Partners Ltd. for CAD 3.4 million on December 19, 2013. Under the terms, Montana Exploration Corp. will acquire approximately 7.8 million shares in Waldron Energy Corporation from ANG Partners Ltd. in exchange for the issuance to ANG Partners Ltd. of 14 million shares. As reported on February 27, 2014, Montana Exploration will purchase 7.8 million common shares of Waldron Energy Corporation for the issuance to ANG of 14 million common shares in consideration for extending the outside date for the closing of the previously announced arrangement. The transaction is expected to close in May 2014.

Montana Exploration Corp. (TSXV:MTZ) completed the acquisition of an additional 13.57% in Waldron Energy Corporation (TSX:WDN) from ANG Partners Ltd. on June 10, 2014.