Business
Georox announces graduation from Tier 2 to Tier 1 of the TSX Venture Exchange
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES...
About this update from Prospera Energy Inc.
[{"type":"text","content":"\n\n\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n THE UNITED STATES/\n\n\nKELOWNA, BC, Sept. 6, 2012 /CNW/ - Georox Resources Inc. (\"Georox\" or the \"Corporation\") (GXR:TSX-V; OF6A:FRA) is pleased to announce that the Corporation has\n met the requirements of Tier 1 on the TSX Venture Exchange effective\n September 7, 2012. Tier 1 is reserved for the most advanced issuers\n with the most significant financial resources on the TSX Venture\n Exchange.\n\n\n\"We are pleased to have graduated from Tier 2 to Tier 1 and see this as\n a natural progression to a fully operational company. Our immediate\n goal is to pursue our existing opportunities to increase meaningful\n cash flow by exploring, developing and producing oil from recently\n acquired properties\" said Burkhard Franz, President and CEO of Georox.\n\n\nGeorox is a Canadian natural resource company engaged in the\n acquisition, exploration and development of oil and gas properties in\n Western Canada. The Common Shares trade on the TSX Venture Exchange\n under the symbol GXR and on the Frankfurt Stock Exchange under the\n Symbol:OF6A.\n\n\nCautionary Statement:\n\n\nNeither the TSX Venture Exchange nor its Regulation Service Provider (as\n that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release.\n\n\nNo stock exchange, securities commission or other regulatory authority\n has approved or disapproved the information contained herein. \n\n\nFORWARD-LOOKING STATEMENTS\n\n\nThis news release contains forward-looking statements relating to the\n future operations of the Corporation and other statements that are not\n historical facts. Forward-looking statements are often identified by\n terms such as \"will\", \"may\", \"should\", \"anticipate\", \"expects\" and\n similar expressions. All statements other than statements of historical\n fact, included in this release, including, without limitation,\n statements regarding future plans and objectives of the Corporation,\n are forward looking statements that involve risks and uncertainties.\n There can be no assurance that such statements will prove to be\n accurate and actual results and future events could differ materially\n from those anticipated in such statements. Important factors that could\n cause ac...