16 June, 2011
UnionTown Energy Inc. (UTOG) Resumes Trading
The Company Has Prepared a 15C 2-11 to be submitted with Its 2nd Quarter 10Q Financial Filing
Billings, MT- UnionTown Energy Inc. (OTCBB: UTOG) today reported that shares in its common stock has resumed trading on the OTC Grey Market following termination of the SEC trading suspension on June 14th 2011 at 11:59 p.m. EDT.
UnionTown is taking the necessary steps to have its shares reinstated on the OTCBB. The company has prepared a 15C 2-11 and is finalizing its 10Q filing, which it intends to submit no later than end of day tomorrow, June 16, 2011.
The Company has been advised by legal council that, after the filing of the 10Q is completed by the company, market makers may file the 15C 2-11 with FINRA for approval, which should result in the company trading again on the OTCBB.