Vortex Energy Announces Uplisting on the OTCQB
19 Dezember 2023 - 2:00PM
Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3)
("
Vortex” or the "
Company") is
pleased to announce that it has successfully upgraded from the OTC
Pink Market to the OTCQB Venture Market.
The Company's common shares started trading on
the OTCQB under the symbol “VTECF" as of the opening of the market
on December 19, 2023. The Company's common shares will continue to
trade on the Canadian Securities Exchange under the symbol "VRTX"
and the Frankfurt Stock Exchange under the symbol "AA3".
Vortex Energy CEO, Paul Sparkes commented,
“Being approved to trade on the OTCQB Venture Market is a milestone
achievement for the company. We expect much greater visibility and
transparency for our US investors, which we anticipate will allow
us to reach a wider audience.”
The OTCQB, operated by OTC Markets Group, Inc.,
is a market designed for developing and entrepreneurial companies
in the United States and abroad. To be eligible for trading on the
OTCQB, companies must be current in their financial reporting with
the Securities and Exchange Commission, pass a minimum bid price
test, maintain audited financials through a PCAOB registered firm,
and undergo company verification and management certification on an
annual basis.
About Vortex Energy Corp.
Vortex Energy Corp. is an exploration stage
company engaged principally in the acquisition, exploration, and
development of mineral properties in North America. The Company is
currently advancing its Robinson River Salt Project comprised of a
total of 942 claims covering 23,500 hectares located approximately
35 linear kms south of the town of Stephenville in the Province of
Newfoundland & Labrador. The Robinsons River Salt Project is
prospective for both salt and hydrogen salt cavern storage. The
Company is also evaluating technologies to efficiently store
hydrogen or energy in salt caverns. Vortex also holds the Fire Eye
Project, which is located in the Wollaston Domain of northern
Saskatchewan, Canada.
On Behalf of the Board of
Directors
Paul Sparkes Chief Executive Officer, Director
+1 (778) 819-0164info@vortexenergycorp.com
Cautionary Note Regarding
Forward-Looking Statements
Certain statements contained in this press
release constitute forward-looking information. These statements
relate to future events or future performance. The use of any of
the words “could”, “intend”, “expect”, “believe”, “will”,
“projected”, “estimated” and similar expressions and statements
relating to matters that are not historical facts are intended to
identify forward-looking information and are based on the Company’s
current belief or assumptions as to the outcome and timing of such
future events.
In particular, this press release contains
forward-looking information relating to, among other things, the
anticipated benefits of listing on the OTCQB. Various assumptions
or factors are typically applied in drawing conclusions or making
the forecasts or projections set out in forward-looking
information, including the assumption that the Company will remain
listed on the OTCQB and that it will recognize the anticipated
benefits of listing on the OTCQB. Those assumptions and factors are
based on information currently available to the Company. Although
such statements are based on reasonable assumptions of the
Company’s management, there can be no assurance that any
conclusions or forecasts will prove to be accurate.
Forward looking information involves known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking information. Such
factors include the risk that the Company de-lists from the OTCQB
or otherwise does not realize the anticipated benefits from its
listing on the OTCQB. The forward-looking information contained in
this release is made as of the date hereof, and the Company not
obligated to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors
should not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking
information contained herein.
The Canadian Securities Exchange has not
approved nor disapproved the contents of this news release and does
not accept responsibility for the adequacy or accuracy of this
release.
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