DGAP-News

FEC Reports On Forum Energy PLC AGM

DGAP-News: FEC Resources Inc. / Key word(s): Miscellaneous
FEC Reports On Forum Energy PLC AGM

18.06.2015 / 07:15

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Calgary, Alberta--(Newsfile Corp. - June 18, 2015) - FEC RESOURCES INC.
(OTCPINK: FECOF) ('FEC')

Trading Update

1. Delisting of Forum Energy plc (FEP) from the London Stock Exchange

At the annual general meeting of FEP on June 17, 2015, the shareholders
passed resolutions which will lead to the delisting of FEP from the London
Stock Exchange and the conversion of FEP from a public company to a private
company. FEC holds approximately 24% of FEP's issued share capital.

2. Going Concern Assumption

As was highlighted in the latest audited financial statements, the Company
has limited cash resources and will require additional capital to allow it
to continue to trade or invest in new projects. Your board is currently
reviewing the options available and will update shareholders as is
appropriate on a timely basis.

On behalf of the Board of,

FEC Resources, Inc.

Carlo Pablo

Chairman

E-mail: [e-mail]
Tel: [phone]

This press release contains forward-looking statements and forward-looking
information (collectively, 'forward-looking statements') within the meaning
of applicable Canadian and US securities legislation. All statements, other
than statements of historical fact, included herein are forward-looking
statements. Although the Company believes that such statements are
reasonable, it can give no assurance that such expectations will prove to
be correct. Forward-looking statements are typically identified by words
such as: believe, expect, anticipate, intend, estimate, postulate and
similar expressions, or are those, which, by their nature, refer to future
events. The Company cautions investors that any forward-looking statements
by the Company are not guarantees of future results or performance, and
that actual results may differ materially from those in forward looking
statements as a result of various factors, including, but not limited to,
variations in the nature, quality and quantity of any natural resources
that may be located, variations in the market price of any natural resource
products the Company may produce or plan to produce, the Company's
inability to obtain any necessary permits, consents or authorizations
required for its activities, the Company's inability to produce natural
resources from its properties successfully or profitably, to continue its
projected growth, to raise the necessary capital or to be fully able to
implement its business strategies, and other risks and uncertainties
disclosed in the Company's Annual Report on Form 20-F for the year ended
December 31, 2011 and its most recent quarterly reports filed with the
United States Securities Exchange Commission (the 'SEC'), and other
information released by the Company and filed with the appropriate
regulatory agencies. All of the Company's Canadian public disclosure
filings may be accessed via www.sedar.com and its United States public
disclosure filings may be accessed via www.sec.gov, and readers are urged
to review these materials.

For more information please contact [phone] e-mail
[e-mail] or visit the FEC Resources website at
www.FECResources.com


Click on, or paste the following link into your web browser, to view the associated documents

http://www.newsfilecorp.com/release/15932

News Source: Newsfile



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18.06.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: FEC Resources Inc.


Canada
ISIN: CA30246X1087


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369485 18.06.2015