British Controlled Oilfields Ltd.

January 06, 2016 15:48 ET

British Controlled Oilfields Ltd. Transferred to NEX

MONTREAL, QUEBEC--(Marketwired - Jan. 6, 2015) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

British Controlled Oilfields Ltd. ("BCO") has been advised by the TSX-Venture Exchange ("TSX-V") that its common shares have been transferred for trading to NEX, a separate board of the TSX-V for companies which have failed to maintain compliance with the TSX-V's ongoing financial listing standards, effective as of opening of trading on January 6, 2016. A cease-trade order in relation to BCO's common shares was issued by Quebec Bureau de décision et de révision ("BDR") on September 14, 2015 and the TSX-V then suspended trading. Trading in BCO's common shares remains suspended.

BCO's management continues to diligently take steps to become fully compliant with Canadian securities legislation.

Contact Information

  • British Controlled Oilfields Ltd.
    (514) 871-9571