Aroway Energy Inc. to Open the Toronto Stock Exchange and Announces Listing on OTCQX
21 Fevereiro 2012 - 11:30AM
Marketwired
AROWAY ENERGY INC. (TSX VENTURE:ARW)(OTCQX:ARWJF)
(www.arowayenergy.com) (the "Company") announced today that it will
be joined by its Joint Venture Partner, to open the Toronto Stock
Exchange today, Tuesday, February 21, 2012.
Chris Cooper, President & CEO of Aroway Energy Inc.,
commented, "We are honoured to have the opportunity along with our
Joint Venture Partner to participate in the opening of the Toronto
Stock Exchange. This is a once in a lifetime opportunity and a
perfect venue for both Companies to celebrate our success of 2011
and Aroway's achievement of being included in the TSX Venture top
50."
The ceremony will take place at the TMX Broadcast Centre in
Toronto, Ontario. Mr. Chris R. Cooper, President and CEO of Aroway
Energy Inc., will open the market at 9:30am EST along with
representatives from the TMX Group.
Aroway is also pleased to announce that it is now trading on the
OTC market's highest tier "OTCQX International" under the symbol
"ARWJF". OTC Markets Group Inc. is a leading financial information
and technology services Company that provides the world's largest
electronic inter-dealer quotation system, trading technology and
financial information provider for over-the-counter (OTC)
securities in the United States. Investors can find current
financial disclosure and real-time Level 2 quotes for the Company
on www.otcqx.com and www.otcmarkets.com.
Aroway Energy's Chief Executive Officer, Chris Cooper,
commented, "The OTCQX offers Aroway an ideal platform to satisfy
the many requests by our U.S. shareholders and potential investors
who have asked the Company to trade its shares in the United
States. We are looking forward to our new U.S. presence bringing
extra attention and liquidity to Aroway Energy and our operations
in the prolific Peace River Arch in Northern Alberta as we continue
to aggressively advance our operation in 2012."
As an OTCQX company, Aroway Energy is expected to benefit from
being associated with the top segment of the United States OTC
Market, bringing broader visibility to U.S. investors. Aroway
Energy joins numerous large and well-known international Oil and
Gas companies who have also elected to gain access to the U.S.
market using this platform.
Greenberg Traurig, LLP will serve as Aroway Energy's Principal
American Liaison ("PAL") on OTCQX, responsible for providing
guidance on OTCQX requirements and compliance with U.S. securities
laws.
About OTC Markets Group Inc.
OTC Markets Group Inc.
(http://www.otcmarkets.com/stock/128054/quote) (OTCQX:OTCM)
operates the world's largest electronic marketplace for
broker-dealers to trade unlisted stocks. Our OTC Link(TM) platform
supports an open network of competing broker-dealers that provide
investors with the best prices in over 10,000 OTC securities. We
categorize the wide spectrum of OTC-traded companies into three
tiers - OTCQX (the intelligent marketplace), OTCQB® (the venture
marketplace), and OTC Pink(TM) (the open marketplace) - so
investors can identify the level and quality of information
companies provide. To learn more about how OTC Markets Group makes
the unlisted markets more transparent, informed, and efficient,
visit www.otcmarkets.com.
Subscribe to the OTCQX RSS Feed:
http://syndicate.otcmarkets.com/syndicate/OTC-Markets-Group-News-RSS.xml
About Aroway Energy Inc.
Aroway Energy Inc. is a Western Canadian junior oil and gas
production and exploration company participating in Peace River
Arch oil and gas exploration prospects, through a Joint Venture
Partnership. The Joint Venture Partnership gives Aroway a rolling
option on 101 sections of land. The Company is currently producing
approximately 669 boe/day net to Aroway.
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President & CEO
BOEs may be misleading, particularly if used in isolation. A BOE
conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency
conversion method primarily applicable at the burner tip and does
not represent a value equivalency at the wellhead.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Aroway Energy Inc. Chris Cooper President & CEO
Toll Free: 1-855-427-6929cooper@arowayenergy.com Aroway Energy Inc.
Judy-Ann Pottinger Toll Free:
1-855-427-6929jpottinger@arowayenergy.com www.arowayenergy.com
Investor Cubed Inc. Toll Free: 1-888-258-3323info@investor3.ca
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