East West Petroleum Corp. wishes to announce that, subject to regulatory approval, it will conduct a normal course issuer bid (the "Bid").

The Bid will be for up to 8,882,872 shares of the Company over a period of one year (the "Bid Period"), being 9.53% of Company's issued and outstanding common shares, with up to 1,864,438 shares of the Company purchasable over any 30-day period within the Bid Period, being 2% of Company's issued and outstanding common shares.

The Bid Period will commence on February 3, 2014 and will continue until the earlier of February 3, 2015 or the date by which the Company has acquired the maximum 8,882,872 shares which may be purchased under the bid.

Tags: East West Petroleum Corp.