Odyssey Resources Limited

TSX VENTURE : ODX


Odyssey Resources Limited

November 20, 2012 17:48 ET

Odyssey Resources Notice of Transfer to NEX

LONGUEUIL, QUÉBEC--(Marketwire - Nov. 20, 2012) - Odyssey Resources Limited ("Odyssey" or the "Company") (TSX VENTURE:ODX) announces that the TSX Venture Exchange (the "Exchange") has transferred the Company's listing to the NEX board of the Exchange ("NEX"), effective November 21, 2012. The Company's common shares will now trade under the symbol 'ODX.H'.

NEX is a separate board of the Exchange designed to provide a trading forum for publicly-listed companies while they assess their business plans, operations, and formulate a strategy to reactivate their businesses for future growth.

Odyssey is well-funded and is continuing to review a number of projects in the resource sector for possible acquisition and will apply for re-listing on the Exchange at the appropriate time. The Company wishes to thank its shareholders for their continued support and patience throughout this process.

Forward Looking Information

This news release contains "forward-looking information", within the meaning of applicable Canadian securities legislation. Specifically this news release contains forward looking information about Odyssey's plans and expectations for acquiring one or more mineral projects and for applying for re-listing on the Exchange. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by the forward-looking information, including without limitation, the competition for attractive mineral projects from other companies better capitalized or with better access to deals than Odyssey, the level of future commodity prices, the Company's requirements for additional capital and its availability, and the possibility of slowing growth and worsening global economic conditions.

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.

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