Canadian Spirit Resources Inc.

Published : May 19th, 2015

CSRI ANNOUNCES EXTENSION TO EXPIRY DATE OF

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CSRI ANNOUNCES EXTENSION TO EXPIRY DATE OF

NEWS RELEASE

CANADIAN SPIRIT RESOURCES INC. ANNOUNCES EXTENSION OF EXPIRY DATE OF WARRANTS

Calgary, AB May 19, 2015 - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSXV:SPI) (OTCBB:CSPUF) announces that it plans to extend the expiry date on 2,555,000 outstanding share purchase warrants (the "Warrants") for one year, from June 3 and 17, 2015 to June 3 and 17, 2016. The exercise price of $0.50 and all other terms of the Warrants remain unchanged. Each whole warrant entitles the holder to acquire one additional share of the Corporation. This extension is subject to approval by the TSX Venture Exchange.

The extension will enable CSRI to complete and announce the results of the evaluation and production testing program associated with the Montney Formation in the west Farrell Creek/Altares area before the Warrants expire. This program, subject to financing, includes the stimulation and testing of CSRI's 100% working interest horizontal well located at c-81-H/94-B-1 that was drilled and cased in July 2014. With positive test results, this well will be equipped and tied-in for production. In addition, CSRI plans to drill one additional well in the west Farrell Creek/Altares area during the 2015/2016 winter drilling season.
CSRI is a natural resources company focusing on the identification and development of opportunities in the unconventional natural gas sector of the energy industry. The Corporation has 5 (1.75 net) Montney wells being produced through its 10 MMcf/d (3.5 net) capacity joint venture gas plant located on its western lands at Farrell Creek/Altares, British Columbia.
Information regarding CSRI is available on SEDAR at www.sedar.com or the Corporation's
website at www.csri.ca.

For further information, please contact: Canadian Spirit Resources Inc. Telephone (403) 539-5005

Rich Couillard ([email protected])

The corporate information contained in this news release may contain forward-looking forecast information. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonably accurate by CSRI at the time of preparation, may prove to be incorrect. The actual results achieved during the forecast period will vary from the information provided herein and the variations may be material. Consequently there is no representation by CSRI that actual results achieved during the forecast period will be the same in whole or in part as those forecast.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

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Canadian Spirit Resources Inc.

CODE : SPI.V
ISIN : CA1366371054
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Canadian Spirit is a exploration company based in Canada.

Canadian Spirit holds various exploration projects in Canada.

Its main exploration property is FARRELL CREEK in Canada.

Canadian Spirit is listed in Canada and in United States of America. Its market capitalisation is CA$ 7.1 millions as of today (US$ 5.2 millions, € 4.7 millions).

Its stock quote reached its highest recent level on April 21, 2005 at CA$ 7.80, and its lowest recent point on March 20, 2020 at CA$ 0.02.

Canadian Spirit has 156 760 000 shares outstanding.

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Corporate Presentations of Canadian Spirit Resources Inc.
9/3/2009Corporate presentation september 2009
Financials of Canadian Spirit Resources Inc.
5/29/2013Announces First Quarter 2013 Financial Results
4/29/2013Announces 2012 Financial Results and Filing of Annual Disclo...
4/28/2011Announces 2010 Financial Results and Filing of Annual Disclo...
5/28/2009First quarter 2009 financial results
Project news of Canadian Spirit Resources Inc.
5/16/2011Announces Initial Proved Plus Probable Reserves- Montney For...
6/11/2009(Farrell Creek)First gas sales from its gheting pilot project at farrell cr...
Corporate news of Canadian Spirit Resources Inc.
6/29/2016CSRI ANNOUNCES CLOSING OF PRIVATE PLACEMENT
6/17/2016CSRI ANNOUNCES INCREASE TO PRIVATE PLACEMENT
5/31/2016CSRI ANNOUNCES FIRST QUARTER 2016 FINANCIA
5/18/2016CSRI ANNOUNCES PRIVATE PLACEMENT
4/29/2016CSRI ANNOUNCES 2015 FINANCIAL RESULTS AND
3/22/2016CSRI ANNOUNCES SHUT IN NATURAL GAS PRODUCT
2/1/2016CSRI ANNOUNCES MARKET-MAKING ARRANGEMENT
1/29/2016Canadian Spirit Resources Inc. Announces Market-Making Arran...
12/14/2015CSRI ANNOUNCES CLOSING OF PRIVATE PLACEMENT
12/14/2015Canadian Spirit Resources Inc. Announces Closing of Private ...
9/6/2015SPI:TSX-V
8/27/2015CSRI ANNOUNCES 2Q2015 FINANCIAL RESULTS
8/27/2015Canadian Spirit Resources Inc. Announces Second Quarter 2015...
3/10/2015DOW LOSES OVER 330 POINTS: Here's what you need to know
12/19/2014Canadian Spirit Resources Inc. Announces Grant of Stock Opti...
12/19/2014CSRI ANNOUNCES GRANT OF STOCK OPTIONS
12/8/2014Canadian Spirit Resources Inc. Retains Frontier Merchant Cap...
12/8/2014CSRI ANNOUNCES NEW INVESTOR RELATIONS FIRM
11/27/2014CSRI ANNOUNCES 3Q2014 FINANCIAL RESULTS
11/27/2014Canadian Spirit Resources Inc. Announces Third Quarter 2014 ...
8/19/2014Canadian Spirit Resources Inc. Announces Second Quarter 2014...
8/6/2014Canadian Spirit Resources Inc. Announces Grant of Stock Opti...
7/8/2014Canadian Spirit Resources Inc. Announces Appointment of Pres...
6/27/2014Canadian Spirit Resources Inc. Exercise of Warrants Brings R...
6/19/2014Canadian Spirit Resources Inc. Announces Final Closing of Pr...
6/4/2014Canadian Spirit Resources Inc. Announces Closing of Private ...
5/29/2014Canadian Spirit Resources Inc. Announces First Quarter 2014 ...
5/26/2014Canadian Spirit Resources Inc. Announces Private Placements
4/29/2014Canadian Spirit Resources Inc. Announces 2013 Financial Resu...
10/19/2012Announces Operational Update
6/22/2011Resumes Montney Completion Program
6/17/2011Announces Election of New Director
4/18/2011Announces Intention to Make a Normal Course Issuer Bid
4/7/2011Announces Resource Assessment- Montney Formation
2/18/2011Announces Grant of Stock Options
8/12/2009Website "new look"
6/17/2009Corporate Profile
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TSX-V (SPI.V)OTHER OTC (CSPUF)
0.045+12.50%0.030+0.00%
TSX-V
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