CGX Energy Shares to Trade in CDN$ Effective February 22 New Symbol: OYL
21 Februar 2008 - 6:04PM
Marketwired
TORONTO, ONTARIO ("CGX") announces today that it has received
approval from the TSX Venture Exchange to change the trading of its
shares from US$ to CDN$. CGX Energy shares currently trade under
the symbol OYL.U.
Trading in CDN$ will begin on Friday, February 22nd under the
new symbol OYL.
Kerry Sully, President & CEO stated:
"The decision to change the pricing of our shares to Canadian
dollars was made primarily to remove confusion in the trading price
as CGX Energy is listed on a Canadian exchange. As the exchange
rate between the Canadian and US dollar is currently in a very
close range, we believe the timing is right to make this
transition."
CGX is a Canadian-based oil and gas exploration company focused
on exploration for oil in Guyana, South America. CGX is managed by
a team of experienced oil and gas and finance professionals from
Canada, U.S.A. and the UK. CGX is financed internationally and has
thousands of shareholders worldwide.
Shares Outstanding: 124,786,713
Fully-Diluted: 132,574,913
THIS PRESS RELEASE WAS PREPARED BY CGX ENERGY INC., WHICH
ACCEPTS THE RESPONSIBILITY AS TO ITS ACCURACY. THE TSX VENTURE
EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Contacts: CGX Energy Inc. Kerry Sully President & CEO (604)
733-9647 Email: cgx-sully@shaw.ca CGX Energy Inc. Denis Clement
Director (416) 364-1909 Email: dclement@cgxenergy.com CGX Energy
Inc. Charlotte May Investor Relations (416) 364-3353 Email:
cmay@cgxenergy.com
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