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Border Petroleum Ltd BOPFF

Border's new growth strategy is to target oil and gas assets that are characterized by reservoirs with proven reserves with low recovery factor to date. These assets allow for low risk development opportunities to increase production, cash flow and add reserve value. Border's corporate strategy will in return increase shareholder value and help build a strong stable cash flow and balance sheet.


GREY:BOPFF - Post by User

Bullboard Posts
Post by JeuDeVacheon Oct 03, 2019 9:41am
342 Views
Post# 30191397

Does anyone know if we'll be able to trade soon?

Does anyone know if we'll be able to trade soon?
In accordance with TSX Venture Policy 2.5, Border Petroleum Limited (the "Company") has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Wednesday, October 2, 2019, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Calgary to NEX. As of October 2, 2019, 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 BOR to BOR.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 market. Further to the Exchange bulletin issued August 7, 2018, 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.
Bullboard Posts