September 3, 2014 5:30 PM
Ivanhoe Energy regains compliance with NASDAQ minimum bid price requirement
CALGARY, Sept. 3, 2014 /CNW/ -Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) announced today that the Company received notification from the NASDAQ Stock Market that it regained compliance with the minimum bid price rule for a NASDAQ listed issuer.
The bid price of the Company's common stock closed at US$1.00 per share or greater for the required 10 consecutive business days from August 18 to August 29, 2014.
Ivanhoe Energy is an independent international heavy oil exploration and development company focused on pursuing long-term growth in its reserves and production using advanced technologies, including its proprietary heavy oil upgrading process (HTL®). Core operations are in Canada, United States, and Ecuador, with business development opportunities worldwide. Ivanhoe Energy trades on the Toronto Stock Exchange with the ticker symbol IE and on the NASDAQ Capital Market with the ticker symbol IVAN. For more information about Ivanhoe Energy Inc. please visit www.ivanhoeenergy.com.
Source: https://www.newswire.ca/en/story/1406342/ivanhoe-energy-regains-compliance-with-nasdaq-minimum-bid-price-requirement