CALGARY, Oct. 7, 2019 /CNW/ - (TSX: EGL): Eagle Energy
Inc. ("Eagle") is pleased to announce that the TSX Venture
Exchange (the "TSX-V") has provided its final approval of
the listing of Eagle's common shares as a Tier 2 Oil and Gas Issuer
on the TSX-V and the Toronto Stock Exchange (the "TSX") has
approved Eagle's application for voluntary delisting of Eagle's
common shares from the TSX.
Eagle's common shares will be voluntarily delisted from the TSX
immediately following the close of trading on October 23, 2019 and will begin trading on the
TSX-V at market open on October 24,
2019. Eagle's trading symbol will continue to be "EGL" on
the TSX-V and the CUSIP/ISIN number for its common shares will
remain the same.
Note about Forward-Looking Statements
Certain of the statements made and information contained in this
news release are forward-looking statements and forward-looking
information (collectively referred to as "forward-looking
statements") within the meaning of Canadian securities laws.
All statements other than statements of historic fact are
forward-looking statements. Eagle cautions investors that important
factors could cause Eagle's actual results to differ materially
from those projected, or set out, in any forward-looking statements
included in this news release. In particular, and without
limitation, this news release contains forward-looking statements
relating to the expected voluntary delisting of Eagle's common
shares from the TSX and the listing of its common shares on the
TSX-V. These forward-looking statements are based on certain key
expectations and assumptions made by Eagle. Assumptions have been
made with respect to anticipated approvals from the TSX and TSX-V
on the voluntary delisting application and listing application.
Although Eagle believes that the expectations and assumptions on
which such forward-looking statements and information are based are
reasonable, undue reliance should not be placed on the
forward-looking statements and information as the Eagle cannot give
any assurance that they will prove to be correct. Since
forward-looking statements and information address future events
and conditions, by their very nature they involve inherent risks
and uncertainties. Actual results could differ materially from
those currently anticipated due to a number of factors and risks.
Readers are cautioned that the foregoing list of risks and
uncertainties is not exhaustive. Other risk factors that could
affect Eagle's operations or financial results are included in
Eagle's annual information form and may be accessed through Eagle's
issuer profile on the SEDAR website (www.sedar.com). The
forward-looking statements and information contained in this news
release are made as of the date hereof and Eagle does not undertake
any obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new information,
future events or otherwise, unless so required by applicable
securities laws.
You should not place undue importance on forward-looking
information and should not rely upon this information as of any
other date. While Eagle may elect to, Eagle is under no obligation
and does not undertake to update this information at any particular
time, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
About Eagle Energy Inc.
Eagle is an oil and gas corporation with shares currently listed
for trading on the TSX and imminently to be listed for trading on
the TSX-V under the symbol "EGL".
All material information about Eagle may be found on its website
at www.EagleEnergy.com or under Eagle's issuer profile at
www.sedar.com.
SOURCE Eagle Energy Inc.