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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Comment by a2bmanon Oct 20, 2022 12:56pm
356 Views
Post# 35036725

RE:RE:RE:RE:Time Bomb ?!

RE:RE:RE:RE:Time Bomb ?!BJ - "The tsx is designed in such a way to protect shareholders interests. Getting listed there means that the companies have been vetted and big money institutional investors can be assured that what they invest in are not scams"


TSXV has tiers, higher tiers have more onerous governenance and reporting rules.  There are big instiutional investors all over TSXV listed companies.  They usually have their own rules regardless of the exchange and they sometimes bend those rules anyway.  The venture is for emerging small caps that are more risky but not becuase of exchange rules.  I had AGF and others in my company on the venture.

There are scams on all exchanges, usually the bigger the exchange the bigger the scam

Ever heard of BreX - TSX or Enron - NYSE
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