Bordeaux Energy warrant listing
2007-06-07 14:39 MT - Miscellaneous
Effective at the opening June 8, 2007, the share purchase warrants of Bordeaux Energy Inc. will commence trading on the TSX Venture Exchange. The company is classified as an oil and gas company.
Corporate jurisdiction: Ontario
Capitalization: 61.54 million share purchase warrants with no par value of which 61,457,000 share purchase warrants are issued and outstanding
Transfer agent: Equity Transfer and Trust Company
Symbol: BDO.WT
Cusip No.: 099535 11 4
The warrants were issued pursuant to a 61,457,000-unit private placement at 65 cents per unit. Each of the 61,457,000 warrants entitles the holder to purchase one additional share at a price of 90 cents per share and will expire on Wednesday, Aug. 6, 2008.
Bordeaux Energy Inc. Warrants Listed on TSX Venture Exchange and David Cohen Appointed as Chairman
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 7, 2007) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
Bordeaux Energy Inc. ("Bordeaux" or the "Company") (TSX VENTURE:BDO) announces that the TSX Venture Exchange (the "Exchange") has accepted for listing 61,457,000 share purchase warrants of Bordeaux (the "Warrants") previously issued upon the deemed exercise of subscription receipts sold in a private placement that closed on February 6, 2007.
Trading of the Warrants on the Exchange is expected to begin on Friday, June 8, 2007 under the symbol "BDO.WT".
Bordeaux is also pleased to announce the appointment of David Cohen to the office of Chairman of the Company. Mr. Cohen currently serves as the President and CEO of Northern Orion Resources Inc. and as a board member of public companies in the oil and gas and mining sector. He has held senior operating, project development and commercial positions with major global resource and construction companies in the mining, petroleum and construction sectors. Stephen Barley has resigned as Chairman and will remain as a director of the Company.
Forward-Looking Statements:
Certain statements contained in this press release are not based on historical facts and may constitute forward-looking statements or forward-looking information within the meaning of applicable law. These statements appear in a number of different places herein and can be identified by words such as "will", "anticipates", "expects", "intends", or other comparable words. Forward-looking statements and information include statements regarding the trading of the Warrants and other statements, and are subject to risk, uncertainties, and other factors, that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements or information. See the Company's filings with the Canadian securities commissions for additional information on risks and uncertainties relating to the forward-looking statements and information. Many of these factors are beyond the control of the Company. Consequently, all forward-looking statements and information made herein, are qualified by this cautionary statement. The Company disclaims any intention or obligation to revise or update such statements or information except as may be required by law.
This release shall not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction. The Common Shares and the other securities referred to herein have not been registered under the United States Securities Act of 1933, as amended, and they may not be offered or sold in the United States absent registration or an applicable exemption from registration.
The Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
CONTACT INFORMATION:
Bordeaux Energy Inc.
Stephen Barley
Director
(604) 639-4672
Email: sbarley@shaw.ca
