Petro Resources Corporation Approved for American Stock Exchange Listing
24 8월 2006 - 5:26AM
PR Newswire (US)
HOUSTON, Aug. 23 /PRNewswire-FirstCall/ -- Petro Resources
(OTC:PRCT), a diversified exploration and production company
currently engaged in seven separate projects across North America,
today announced that the American Stock Exchange has approved Petro
Resources' application for the listing of Petro Resources
Corporation's common stock. This approval is contingent upon the
Company being in compliance with all applicable listing standards
on the date it begins trading on the American Stock Exchange and
may be rescinded if the Company is not in compliance with such
standards. Shares of the Company's common stock are expected to
begin trading on the American Stock Exchange under the symbol "PRC"
within five to 10 business days. About Petro Resources Corporation
Petro Resources Corporation is an independent exploration and
production company focused on domestic lease acquisitions,
exploration, and oil and gas production. Forward-Looking Statements
The statements contained in this press release that are not
historical are "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended (the
"Securities Act"), and Section 21E of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), including statements,
without limitation, regarding the Company's expectations, beliefs,
intentions or strategies regarding the future. Such forward-looking
statements relate to, among other things: (1) expected revenue and
earnings growth; (2) estimates regarding the size of pre-drill
reserve potential; (3) estimates regarding the size of post-drill
reserve potential; (4) regulation of the Company's industries and
markets. These statements are qualified by important factors that
could cause the Company's actual results to differ materially from
those reflected by the forward-looking statements. Such factors
include but are not limited to: (1) the Company's ability to locate
and acquire suitable interests in oil and gas properties on terms
acceptable to the Company, (2) the Company's ability to obtain
working capital as and when needed and (3) the risks and factors
described from time to time in the Company's reports and
registration statements filed with the Securities and Exchange
Commission, including, but not limited to the Company's
Pre-Effective Amendment No.2 to its Registration Statement on Form
SB-2 Form filed with the SEC on July 14, 2006. The Company cautions
readers not to place undue reliance on any forward-looking
statements. The Company does not undertake, and specifically
disclaims any obligation, to update or revise such statements to
reflect new circumstances or unanticipated events as they occur.
DATASOURCE: Petro Resources Corporation CONTACT: Wayne Hall,
President and Chief Executive Officer, +1-713-968-9282, or Don
Kirkendall, Executive Vice President, +1-713-968-9290, both of
Petro Resources Corporation Web site:
http://www.petroresourcescorp.com/
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