TORONTO STOCK EXCHANGE LISTING ANNOUNCED
TSE Bulletin No 97 1982; Int'l Rochester, Original Listing
TORONTO STOCK EXCHANGE ("TSE-T")
INTERNATIONAL ROCHESTER ENERGY CORP. ("ROH-T")
- TSE Bulletin No 97-1982; Int'l Rochester, Original Listing
An application has been granted for the original listing in the Oil & Gas category of 14,107,956 common shares of which 8,865,290 shares are issued and outstanding and 5,242,666 shares are reserved for issuance.
These shares will be listed and posted for trading at the opening on Monday, January 5, 1998.
The company is subject to the reporting requirements of section 19.09 of the Exchange's General By-Law.
Stock Symbol: "ROH"; CUSIP: 459972 10 5
Designated Market Maker: C. Pollock,
Levesque, Beaubien, Geoffrion Inc.
Other Markets: The common shares of the Company have been trading on the Vancouver Stock Exchange since June, 1984.
Listing Statement No. 4647 is being prepared and the following constitutes information appearing in the Statement:
Head Office Address:
709 - 700 West Pender Street
Vancouver, B.C.
V6C 1G8.
Head Office
Telephone Number: (604) 684-4491
Incorporation: The company was incorporated under the British Columbia Company Act on October 3, 1983 under the name Rochester Minerals Inc. On April 28, 1997, the company changed its name to "International Rochester Energy Corp."
Officers and Directors:
President & Philip James Walsh,
Director Vancouver, B.C.
Director Gary Guonan Liu,
Vancouver, B.C.
Director David William Campbell,
Vancouver, B.C.
Director James Lindsay Harris,
Vancouver, B.C.
Nature of Business: The company is engaged in the business of exploring, acquiring and developing oil and gas properties and placing such properties into production. The company's principal property is the Alcaravan Prospect, an oil and gas property, located in the Llanos Basin which is located in the eastern plains of Columbia.
Transfer Agent & Registrar: Pacific Trust Company in Vancouver.
Share Capital:
Authorized
- 100,000,000 common shares
Issued
- 8,865,290 common shares
Reserved
- 775,999 common shares issuable upon the exercise of outstanding
employee stock options.
- 66,667 common shares issuable upon the exercise of outstanding
warrants.
- 4,400,000 common shares issuable upon the exercise of
outstanding convertible securities.
Dividends: The company does not expect to pay any dividends in the foreseeable future.
Recent Financing: Pursuant to an exchange offering prospectus dated October 8, 1997, the Company completed a public offering of 440 convertible notes at $15,000 each. After commissions paid to the agent of the offering, Dominick & Dominick Securities Inc., the Company received net proceeds of $6,260,000. |