Business
Storm Cat Energy Corporation Announces Approval of Toronto Stock Exchange Listing
Storm Cat Energy Corporation Announces Approval of Toronto Stock Exchange Listing.
About this update from Sama Resources Inc.
[{"type":"text","content":"\n\n\n\n\nCALGARY, Alberta and DENVER, June 27 /CNW/ -- Storm Cat\nEnergy Corporation (Amex: SCU; TSX.V: SME) today announced that effective\nJune 29, 2006, shares of its common stock will commence trading on the Toronto\nStock Exchange (TSX) under the symbol \"SME.\" A total of 83,399,246 common\nshares of the Company will be listed on the TSX, of which 66,372,396 will be\navailable for trading, with 17,026,850 common shares reserved for future\nissue. Trading of the Company's common shares on the TSX Venture Exchange\n(TSXV) will cease as of the close of trading on June 28, 2006 and will be\nde-listed from the TSXV at the market opening of the TSX on June 29, 2006.\nIn addition, common shares of Storm Cat Energy will continue to trade on\nthe American Stock Exchange under the symbol \"SCU.\"\n\nManagement Comment\nJ. Scott Zimmerman, President and CEO, said: \"While our affiliation with\nthe TSXV was an important part of our capital formation since inception,\ngraduating to the primary Canadian exchange is indicative of our growth and\noperational success in the past 24 months. The fluid TSX trading structure\nand potential for increased liquidity should allow for improved access to\ninstitutional investors. Today's listing is another benchmark in Storm Cat's\nevolution.\"\n\nAbout Storm Cat Energy\nStorm Cat Energy is an independent oil and gas company focused on the\npursuit, exploration and development of large unconventional gas reserves from\nfractured shales, coal beds and tight sand formations. The Company has\nproducing properties in Wyoming's Powder River Basin, exploration and\ndevelopment acreage in Canada and Alaska, and high-risk, high-reward\nexploration acreage in Mongolia. The Company's shares trade on the American\nStock Exchange under the symbol \"SCU\" and in Canada on the TSX Venture\nExchange under the symbol \"SME.\"\n\nBy Order of the Board of Directors\nStorm Cat Energy Corporation\n\nJ. Scott Zimmerman\nPresident and Chief Executive Officer\n\n/s/ J. Scott Zimmerman\n\nTHE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY\n FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\n\n\n\n","length":2197,"tagName":"div"}]