GREY:ROAOF - Post by User
Post by
pendragon3on Jan 21, 2009 3:00pm
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Post# 15719070
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RememberThis was posted Jan 09/ 09
OILEXCO EXPLORES EXCHANGE LISTING OPTIONS
Today the TorontoStock Exchange announced that shares in Oilexco Inc. will be delistedat the close of market on Feb. 9, 2009, for failure to meet thecontinued listing requirements of the TSX. Oilexco is contemplating avariety of options in response to the decision by the TSX so that itsshares can continue to trade. Such options may include possible actionsthe company could take before Feb. 9 that may allow it to demonstrateit has made progress for regaining compliance with the TSX, and assuch, remain trading on the TSX. Other options include listing on adifferent exchange in Canada. Oilexco's shares continue to trade on theLondon Stock Exchange and are fully fungible in both markets.