Valeura receives final approval for listing on the Toronto Stock Exchange and share consolidation
13 Septiembre 2011 - 3:15PM
PR Newswire (Canada)
CALGARY, Sept. 13, 2011 /CNW/ -- /NOT FOR DISTRIBUTION TO UNITED
STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
CALGARY, Sept. 13, 2011 /CNW/ - Valeura Energy Inc. ("Valeura" or
the "Corporation") (TSXV: VLE) is pleased to announce that the
Corporation has received final approval to graduate from the TSX
Venture Exchange and list its common shares on the Toronto Stock
Exchange (the "TSX"). The Corporation's shares are expected
to commence trading on the TSX when markets open on Thursday,
September 15, 2011. The Corporation's common shares will
continue to trade under the symbol "VLE" on the TSX. Also, as
previously approved by shareholders of the Corporation at the
annual and special meeting of shareholders held June 15, 2011, and
subsequently by the TSX Venture Exchange, the Corporation's common
shares will be consolidated on a 10-for-1 basis when markets open
on Thursday, September 15, 2011, contemporaneously with the
Corporation's graduation to the TSX. The Corporation's common
shares will trade on the TSX on a post-consolidated basis only.
Letters of transmittal with respect to the consolidation will be
mailed to all registered shareholders shortly, requesting them to
send their pre-consolidated share certificates to Valiant Trust
Company in exchange for new share certificates representing the
appropriate number of post-consolidated common shares. No
certificates representing fractional post-consolidation common
shares will be issued pursuant to the consolidation. No action is
required on the part of those shareholders who hold their shares in
brokerage accounts or other intermediaries. Following
consolidation, the Corporation will have 46,406,147 common shares
outstanding. All outstanding options and warrants will be
adjusted accordingly to reflect the share consolidation. ABOUT THE
CORPORATION Valeura Energy Inc. is a Canada-based public company
currently engaged in the exploration, development and production of
petroleum and natural gas in Turkey and Western Canada. Additional
information relating to Valeura is also available on SEDAR at
www.sedar.com. 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. To view this news release in HTML
formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/September2011/13/c2746.html
p align="left" Jim McFarland, President and CEObr/ Valeura Energy
Inc.br/ (403) 930-1150br/ a cr="true"
href="mailto:jmcfarland@valeuraenergy.com"jmcfarland@valeuraenergy.com /a
/p p align="left" Steve Bjornson, CFObr/ Valeura Energy Inc.br/
(403) 930-1151br/ a cr="true"
href="mailto:sbjornson@valeuraenergy.com"sbjornson@valeuraenergy.com /a
/p p align="left" a cr="true"
href="http://www.valeuraenergy.com"www.valeuraenergy.com/a /p
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