Tribute Resources Inc. (TSXV:TRB) acquired 99.99% stake in Liberty Oil & Gas Ltd. for CAD 0.78 million in cash on May 20, 2015. The funds were utilized to cover working capital deficiencies and debt in Liberty of approximately CAD 0.6 million and the balance of the purchase price was paid to purchase the shares of Liberty.

Tribute Resources Inc. (TSXV:TRB) completed the acquisition of 99.99% stake in Liberty Oil & Gas Ltd. on May 20, 2015.