Brownstone Energy Inc.
TSX VENTURE : BWN

Brownstone Energy Inc.

June 25, 2015 16:10 ET

Brownstone Energy Inc. Announces Voluntarily Delisting From the TSX Venture Exchange and Conditional Approval for Listing on Canadian Securities Exchange

TORONTO, ONTARIO--(Marketwired - June 25, 2015) -

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

Brownstone Energy Inc. (TSX VENTURE:BWN) ("Brownstone" or the "Company") today announces that the Company has applied to voluntarily delist its common shares (the "Common Shares") from the TSX Venture Exchange ("TSXV") and list the Common Shares on the Canadian Securities Exchange ("CSE"). Trading on the CSE is anticipated to commence on July 2, 2015,

On April 15, 2015, Brownstone applied to list its Common Shares on the CSE. Conditional approval was granted by the CSE to Brownstone on June 4, 2015. Management of the Company believes that listing on the CSE will provide the Company with continued liquidity for its shareholders and lower operating costs as the Company focuses on becoming a diversified investment, financial advisory and venture capital firm with investments in companies in the junior resources, technology and biotechnology markets.

About Brownstone

Brownstone Energy Inc. is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the resource, technology and biotechnology markets By owning and managing a diversified portfolio of early-staged investments, Brownstone provides unique value to its shareholders. For additional information, please see Brownstone's website: www.brownstoneenergy.com.

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.

Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Brownstone. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Contact Information