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Jura Energy Reorganizes Board; Wraps-Up Private Placement

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July 12, 2012

Jura Energy Corporation (JEC.TO) is pleased to announce that it has completed its acquisition of all of the issued and outstanding shares of Spud Energy Pty Limited, a private oil and gas company with operations in Pakistan, pursuant to the terms of an acquisition agreement dated November 23, 2011 with Eastern Petroleum Limited, as amended on February 28, 2012, March 31 2012, and April 30 2012.

Jura additionally announces the reconstitution of its board of directors following the resignation of Peter Whitbread and Norman W. Holton and the appointment of ...

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