CALGARY, ALBERTA–(Marketwired – Sept. 25, 2017) –
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Storm Resources Ltd. (“Storm” or the “Company“) (TSX VENTURE:SRX) is pleased to announce that it has received final approval to list the Company’s common shares (the “Common Shares“) on the Toronto Stock Exchange (the “TSX”).
Effective at market open on September 27, 2017, the Common Shares will commence trading on the TSX under the existing symbol “SRX” and will concurrently be delisted from the TSX Venture Exchange.
The TSX is the premier stock exchange for resource companies, offering enhanced visibility, liquidity and access to capital. Storm believes that a TSX listing is a logical next step in the Company’s progression which should facilitate access to a broader range of investors as well as provide exposure to larger pools of capital.
Storm began operations in August 2010, is headquartered in Calgary, Alberta, and is growing net asset value for shareholders through the development of a large, liquids-rich resource in the Montney formation at Umbach in northeast British Columbia.
Certain information in this press release contains forward-looking information that involves risk and uncertainty. For this purpose, any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements often contain terms such as “may”, “will”, “should”, “anticipate”, “expects” and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Storm assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
NEITHER THE 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.
President and Chief Executive Officer
Michael J. Hearn
Chief Financial Officer
Manager, Corporate Affairs