Tamarack Valley Energy (TVE) graduation to TSX
Aug 20, '15 - NR
Tamarack Valley Energy is pleased to announce that it has received final approval for the listing of the Company's common shares on the Toronto Stock Exchange.
The Common Shares will commence trading on the TSX effective as of the open of market on Monday, August 24, 2015. Upon listing on the TSX, the Common Shares will continue to trade under the symbol "TVE".
In conjunction with the listing on the TSX, the Common Shares will be voluntarily delisted from the TSX Venture Exchange prior to the commencement of trading on August 24, 2015.
TSX is the premier stock exchange for growing resource companies globally, offering enhanced visibility, liquidity and access to capital. Tamarack believes that a TSX listing will facilitate more comprehensive and straightforward access to a broad range of international and institutional investors as well as provide exposure to larger pools of capital. This enhanced profile comes at a time when share price liquidity and valuation are critical for companies such as Tamarack who are executing an active growth strategy.
About Tamarack Valley Energy Ltd.
Tamarack is an oil and gas exploration and production company committed to long-term growth and the identification, evaluation and operation of resource plays in the Western Canadian Sedimentary Basin. Tamarack's strategic direction is focused on two key principles - targeting resource plays that provide long-life reserves, and using a rigorous, proven modeling process to carefully manage risk and identify opportunities. The Company has an extensive inventory of low-risk development oil locations in the Pembina, Wilson Creek, Garrington and Lochend Cardium fairway and the Redwater shallow Viking play in Alberta. With a balanced portfolio and an experienced and committed management team, Tamarack intends to continue to deliver on its promise to maximize shareholder return while managing its balance sheet.
Brian Schmidt
President & CEO
Tamarack Valley Energy Ltd.
Phone: 403.263.4440
Ron Hozjan
VP Finance & CFO
Tamarack Valley Energy Ltd.
Phone: 403.263.4440
www.tamarackvalley.ca |
