Allied Energy Corp (AGYP)

[Penny_Agent]

George Montieth, CEO of AGYP, says, "Now that Allied has moved from exploration status to production and oil sales, management believes it is time to initiate the move to a higher tier exchange and institute a share-buyback program."

We should be hearing updates on this soon >> Up List, Dual Exchange Listing Evaluated, Share Buyback Ahead

- AGYP has retained counsel as seeks an up list or a dual exchange listing. That means greater exposure to the international investment community.

- The Company is also considering a share buyback program to reduce its float. This is a perfect time to become an AGYP shareholder.

AGYP seeks an up list to a recognized North American exchange, excluding the U.S. OTC markets. These could include the Canadian TSX or Frankfurt Stock Exchange. The counselor is a specialist on dual exchange listings.

AGYP's Increased Access To The Capital Markets Seen

It would offer AGYP greater access to the capital markets and more exposure to international energy investors.

Hired counsel will also advise AGYP on establishing an ongoing share buyback program of AGYP's common stock. Acquisitions through private transactions will also be considered. More details on the share buyback program will be forthcoming, the company said.

https://www.marketscreener.com/quote/stock/ALLIED-ENERGY-CORPORATION-120789736/news/CapitalGainsReport-Allied-Energy-OTCMKTS-AGYP-Value-Skyrockets-As-Crude-Oil-Hits-14-Year-Highs-39693497/

$AGYP