URMP - URANIUM POWER CORPORATION - Frankfurt Listing Approved
New York, New York, Nov 30, 2001 (Market News Publishing via COMTEX) -- Uranium Power Corporation announced that its application for listing on the Frankfurt Exchange in Germany has been approved and the company will commence trading immediately under the symbol (Frankfurt: URP).
Company President, Thornton Donaldson, stated, "Recent world events have re-affirmed the importance of the Athabasca Oil Project, given the desire for North American Energy Independence. This mission statement will be well understood in Europe."
Approval of the listing was accompanied by the sponsorship of Koch Gmbh of Frankfurt Germany. Koch, a full service securities firm, is a member of the Frankfurt Stock Exchange. In support of this listing and the European initiative of Uranium Power Corporation, the Company has also retained the services of Holtermann & Team, a leading Financial Communications and Public Relations firm, to provide a full range investor relation service. The Company's new website www.apioil.net will also be available in German.
Uranium Power has an option to purchase 100% of Anhydride Petroleum (Canada) Inc., a private Alberta Corporation that has a controlling interest in the 97 square mile Athabasca Oil Prospect, located adjacent to and Southwest of the 1.3 trillion barrel Athabasca Tar Sands Deposit which is the largest accumulation of oil in the world. The Athabasca Oil Prospect may be connected to the Tar Sands Deposit.
The company intends to start its drilling program by February 2002.
For further information, please visit our website at www.apioil.net.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.
Cusip No. 917022 10 5
Trading Symbol: OTC BB URMP; Frankfurt:URP
CONTACT: TEL: 877/684-6999 Uranium Power Corp. Randall Andrus E-mail: investor@apioil.net
TEL: 866/484-6699 Investor Relations E-mail: info@irgroup.org |