Bellatrix Regains Compliance with NYSE Minimum Price Listing Standard
August 16 2017 - 5:45PM
PR Newswire (Canada)
TSX, NYSE: BXE
CALGARY, Aug. 16, 2017 /CNW/ - Bellatrix Exploration
Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) announces that
it has received notification from the New York Stock Exchange
("NYSE") that the Company has regained compliance with the NYSE's
continued listing standard regarding the price of its common shares
because the average closing price of a Bellatrix common share has
exceeded US$1.00 for 30 consecutive
trading days following implementation of the 5-for-1 share
consolidation on July 6, 2017.
Bellatrix Exploration Ltd. is a publicly traded Western Canadian
based growth oriented oil and gas company engaged in the
exploration for, and the acquisition, development and production of
oil and natural gas reserves, with highly concentrated operations
in west central Alberta,
principally focused on profitable development of the Spirit River
liquids rich natural gas play.
SOURCE Bellatrix Exploration Ltd.
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