Terra Energy Corp.
TSX VENTURE : TTR

Terra Energy Corp.

May 15, 2009 09:00 ET

Terra Energy Obtains Conditional Approval to Trade on the Toronto Stock Exchange

CALGARY, ALBERTA--(Marketwire - May 15, 2009) - Terra Energy Corp. ("Terra Energy" or the "Company")(TSX VENTURE:TTR) announces that it has received conditional approval to list its common shares on the Toronto Stock Exchange (the "TSX"). The listing is conditional on the submission of certain documentation to the TSX. Upon graduation to the TSX, the common shares of the Company will trade under the symbol 'TT'.

Terra anticipates that the listing of its common shares on the TSX will occur by the end of May 2009. Terra's common shares will be delisted from the TSX Venture Exchange in conjunction with the TSX listing.

Forward-Looking Advisory

This media release contains certain statements which constitute forward-looking statements or information, including the anticipated listing of the Company's common shares on the TSX and the timing of such listing. Although Terra Energy believes that the expectations reflected in our forward-looking statements are reasonable, our forward-looking statements have been based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information available to the Company and the Company's current ability to meet the listing requirements of the TSX. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward looking information. As such, readers are cautioned not to place undue reliance on the forward looking information, as no assurance can be provided as to future results, levels of activity or achievements. The risks, uncertainties, material assumptions and other factors that could affect actual results are discussed in our Annual Information Form and other documents available at www.sedar.com. Furthermore, the forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Terra Energy does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

Terra Energy is a junior oil and gas company engaged in the exploration for, and development and production of, natural gas and oil in Western Canada.

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.

Contact Information

  • Terra Energy Corp.
    Mr. Bud Love
    Vice President, Finance and Chief Financial Officer
    403 699 7777