August 10, 2005 14:52 ET

CNQ BULLETIN:Canadian Trading and Quotation System Inc.-Delisting-Quadra Resources Corp. (QDRA.U)

TORONTO, ONTARIO--(CCNMatthews - Aug. 10, 2005) - The common shares of Quadra Resources Corp. will be delisted at the close August 11, 2005.

Quadra shareholders have approved a Plan of Arrangement with Arsenal Energy Inc. which will be effective as of August 11, 2005. Letters of transmittal have been mailed to Quadra shareholders enabling them to exchange their Quadra shares for the Arsenal shares to which they are entitled pursuant to the Arrangement. Shareholders will have two years from the date of closing to exchange their shares.

Arsenal will continue to trade on the TSX Venture.

Delisting Date: August 11, 2005 Symbol: QDRA.U

If you have any questions or require further information about this or anything else about CNQ please contact:

Contact Information

  • Canadian Trading and Quotation System Inc. (CNQ)
    Radhika Joseph
    (416) 572-2000 X 2435
    Canadian Trading and Quotation System Inc. (CNQ)
    Mark Faulkner
    416) 572-2000 X 2305