TORONTO, Feb. 19, 2013 /PRNewswire/ -- Yaterra Ventures Corp (OTC: YTRV) a Junior Oil and Gas Company, today announces that the Yaterra Shareholder conference call scheduled for today has been cancelled and will be rescheduled. Details to be released.
Mr. Cedric Atkinson, CEO of YTRV commented "We have chosen to reschedule our conference call to ensure our financials are completed and filed in advance of the call. This is an important and necessary step because this will allow us to once again be current and up-to-date with our filing obligations. The end result will benefit all shareholders, especially our Canadian friends." Mr. Atkinson continued, "In addition, to completing our financials, we also wanted to keep focus on our ongoing negotiations and finalize terms regarding a key acquisition."
We will release the new details for the Shareholder conference call as soon as we set a new date. Please continue to submit your questions to:
Finally, please look forward to upcoming announcements and shareholder updates.
About Yaterra Ventures Corp.
Yaterra Ventures, Inc. is in the initial development stages as a junior oil and gas company. Yaterra's mission is to safely and efficiently generate commercially marketable quantities of oil and natural gas. Management maintains the long-term objective of expanding the Company's oil and gas exploratory operations throughout North America. Management plans to launch an operating infrastructure for the profitable production of oil and gas through a sustainable business model for the acquisition and retention of valuable leases, wells and other related properties. The Company's primary business philosophy is rooted in progressive principles of cost-efficiency and its devotion to fiscal responsibility, worker safety and sustainable petroleum retrieval.
Forward Looking Statement
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Lighthouse Petroleum, Inc. is an exploration company with limited experience in the oil and gas industry. At the time of this release Lighthouse Petroleum, Inc. lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital. Based upon industry standards Lighthouse would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider are that this list is limited and additional risk not mentioned may apply: failure to meet Lighthouse's financial and contractual obligations, Lighthouse's managerial errors made based upon the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.
SOURCE Yaterra Ventures Corp.