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Re: None

Thursday, 08/01/2013 8:55:54 AM

Thursday, August 01, 2013 8:55:54 AM

Post# of 70787
8K out guys
Grid Petroleum Corp., is pleased to announce in a letter dated July 30, 2013 that the Depository Trust Company (the “DTC”) “has determined to lift the Deposit Chill and has resumed accepting deposits of the Issue for depository and book-entry transfer.” Grid Petroleum Corp.'s legal team with the coordination of its CEO, Mr. Powell and Chairman of the Board of Directors, Tim DeHerrera, have successfully satisfied the inquiry of the DTC, hence removing the DTC Chill placed on the company stock symbol since October 2012. The reinstatement of trade eligibility with the DTC depository services is an important accomplishment for Grid Petroleum Corp., and is a testament to the resiliency of its CEO. Grid Petroleum Corp., is proud of and committed to maintaining its high level of transparency with the DTC and investors alike.



Simply put a DTC Chill can wreak havoc on a company's common share trading pattern and the company’s share price. A Chill can hinder the Company's trading ability specifically through many retail discount trading houses such as TDAmeritrade® and E*TRADE®. Since the Chill, the majority of our investors were not able to purchase our stock at the open marketplace hence hampering our share price and the Company's ability to raise much needed capital for growth. We are pleased with the due process afforded us by DTC and appreciate their consideration and their decision to lift the Chill. Furthermore, we offer the utmost expression of gratitude to our valued investors for their continuous support.

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