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Petromin Resources Ltd. V.PTR.H

"Petromin Resources Ltd is a petroleum and natural gas exploration and production company in Canada. It is focused on its core operations, which include oil and gas producing properties in Alberta, Canada along the Western Canada Sedimentary Basin. The company owns an interest in Frog Lake area which consists of oil deposits, Gilby Property, Morningside Property, and Redwater North property."


TSXV:PTR.H - Post by User

Post by easyoasyon Aug 07, 2017 8:30am
262 Views
Post# 26553349

News Release

News ReleaseIf ever a board of directors tried to bury a company it is this board they lied to shareholders in their last release concerning submitting finacials and coming back to trading, there is something seriously wrong when no one will audit and sign off on interims.

Latest News Release

In accordance with TSX Venture Exchange Policy 2.5, the company has not maintained the requirements for a TSX Venture Exchange Tier 2 company. Therefore, effective at the opening on Friday, Aug. 4, 2017, the company's listing will transfer to the NEX, the company's tier classification will change from Tier 2 to the NEX, and the filing and service office will change from Vancouver to the NEX.

As of Aug. 4, 2017, the company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.

The trading symbol for the company will change from PTR to PTR.H. There is no change in the company's name, no change in its Cusip number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture Exchange market.

Further to the TSX Venture bulletins dated April 10, 2017, and April 27, 2017, trading in the shares of the company will remain suspended.

Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.

© 2017 Canjex Publishing Ltd. All rights reserved.


Kiss your shares goodbye but not to worry the BoD have lots of shares in Terrawest via other HK companies so they will be OK if the arbitration comes through , by that time  PTR will no longer exist


JMHO

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