CALGARY, Alberta and DENVER, June 27 /CNW/ -- Storm Cat
Energy Corporation (Amex: SCU; TSX.V: SME) today announced that effective
June 29, 2006, shares of its common stock will commence trading on the Toronto
Stock Exchange (TSX) under the symbol "SME." A total of 83,399,246 common
shares of the Company will be listed on the TSX, of which 66,372,396 will be
available for trading, with 17,026,850 common shares reserved for future
issue. Trading of the Company's common shares on the TSX Venture Exchange
(TSXV) will cease as of the close of trading on June 28, 2006 and will be
de-listed from the TSXV at the market opening of the TSX on June 29, 2006.
In addition, common shares of Storm Cat Energy will continue to trade on
the American Stock Exchange under the symbol "SCU."
Management Comment
J. Scott Zimmerman, President and CEO, said: "While our affiliation with
the TSXV was an important part of our capital formation since inception,
graduating to the primary Canadian exchange is indicative of our growth and
operational success in the past 24 months. The fluid TSX trading structure
and potential for increased liquidity should allow for improved access to
institutional investors. Today's listing is another benchmark in Storm Cat's
evolution."
About Storm Cat Energy
Storm Cat Energy is an independent oil and gas company focused on the
pursuit, exploration and development of large unconventional gas reserves from
fractured shales, coal beds and tight sand formations. The Company has
producing properties in Wyoming's Powder River Basin, exploration and
development acreage in Canada and Alaska, and high-risk, high-reward
exploration acreage in Mongolia. The Company's shares trade on the American
Stock Exchange under the symbol "SCU" and in Canada on the TSX Venture
Exchange under the symbol "SME."
By Order of the Board of Directors
Storm Cat Energy Corporation
J. Scott Zimmerman
President and Chief Executive Officer
/s/ J. Scott Zimmerman
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
