Pancontinental Energy NL (PCOGF)

[DrillaHill]

Calloway, unfortunately I've sold Petro Rio in January prior to its delisting, I see they have been trading 50% higher compared to my exit price. DB should have started selling the GDSs underlying shares from 27th of May. Are your GDS still showing up in your account? If you haven't received any funds by now you should ask your broker or you may directly contact Petro Rio IR and/or Deutsche Bank.

All the best!

"The delisting will occur in connection with the termination of the deposit agreement among the owners and holders of GDS ("GDS holders"), Deutsche Bank Trust Company Americas ("Deutsche Bank") and the Company (the "Deposit Agreement") which is anticipated to occur on January 27, 2017 (the "Termination Date"). Commencing on the Termination Date and ending on the date that is four months after the Termination Date, Deutsche Bank will, upon request from GDS holders, deliver the underlying Common Shares to such holders of GDS in accordance with the terms and conditions of the Deposit Agreement and such GDS holders' written instructions. In the absence of written instructions from the GDS holders or their agents by the end of such four month period as to how the underlying Common Shares are to be delivered to a valid brokerage account, such Common Shares to which the former GDS holder was entitled will be sold in the market by Deutsche Bank and the net proceeds remitted to the former GDS holder."