Arsenal Energy Inc.
TSX : AEI
OTCQX : AEYIF

Arsenal Energy Inc.

January 06, 2015 08:00 ET

Arsenal Energy Inc. Announces Trading of Common Shares in the U.S. on OTCQX® Under the Symbol AEYIF

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2015) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI)(OTCQX:AEYIF) announces that its common shares will commence trading on the OTCQX® marketplace in the U.S. effective January 6, 2015 under the symbol AEYIF. Arsenal is a junior oil and gas dividend paying company engaged in the exploration for, and development and production of natural gas and oil reserves primarily in Canada in Alberta and in the U.S. in North Dakota. Information on Arsenal and its project areas and activities can be accessed on the Company's website at www.arsenalenergy.com. Arsenal common shares will continue to trade in Canada on the Toronto Stock Exchange under the symbol AEI. Arsenal currently has 17,877,272 common shares outstanding.

Trading on OTCQX is reserved for established, investor-focused U.S. and global companies and is designed to provide existing and future U.S. based shareholders with greater access to and ease of trading in the Company's shares. To qualify for the OTCQX marketplace, companies must meet high financial standards, demonstrate compliance with U.S. securities laws, be current in their disclosure, and be sponsored by a professional third-party advisor. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for Arsenal on www.otcmarkets.com.

Berns & Berns serves as Arsenal Energy's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for Arsenal Energy on www.otcmarkets.com.

Neither the Toronto Stock Exchange ("TSX") nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release includes certain "forward-looking information" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities laws, including relating to the continued listing of the Company's common shares on the Toronto Stock Exchange and the intended benefits of trading on the OTCQX. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors could cause actual events or results to differ materially from Arsenal's expectations. Arsenal disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Contact Information

  • Arsenal Energy Inc.
    Tony van Winkoop
    President and Chief Executive Officer
    (403) 262-4854 or Toll free: 1 (866) 405-4854

    Arsenal Energy Inc.
    J. Paul Lawrence
    Vice President Finance and Chief Financial Officer
    (403) 262-4854 or Toll free: 1 (866) 405-4854

    Arsenal Energy Inc.
    Suite 1900, 639 - 5th Avenue SW
    Calgary, Alberta T2P 0M9
    (403) 262-4854 or Toll free: 1 (866) 405-4854
    (403) 265-6877 (FAX)
    info@arsenalenergy.com
    www.arsenalenergy.com