Victory Energy Corporation Completes Listing on Frankfurt Stock Exchange
March 26 2008 - 8:00AM
Marketwired
CARSON CITY, NV announced today that it has successfully
completed the steps to list its shares to trade on the Frankfurt
stock exchange. The Frankfurt listing further allows European
investors to buy shares in local currency and helps establish a
more significant presence in Europe for the Corporation.
"We are excited to be listed on the Frankfurt Stock Exchange and
look forward to the increased exposure the listing will provide,"
said Jon Fullenkamp, President of Victory Energy Corporation. "The
Frankfurt listing is intended to increase awareness of Victory in
Europe and posture the company for significant growth."
The Frankfurt Stock Exchange (FWB) is one of the world's largest
trading centers for securities. Operated by the Deutsche Boerse AG,
FWB is the largest of all German stock exchanges and responsible
for approximately 90 percent of the securities trading volume in
Germany. The Frankfurt Stock Exchange facilitates advanced
electronic trading, settlement and information systems and enables
cross-border trading for international investors. Victory trades
under the following stock symbol, 4VY, and the WKN: AOML5Y.
Jon Fullenkamp, President of Victory Energy Corporation, stated,
"The Frankfurt listing marks a further step in the company's
evolution. Our global business development strategy is accompanied
by a commitment to our investors to facilitate trading and, over
time, enhance the liquidity of our common shares. There is
established interest and expertise in Frankfurt in high-growth
companies, and Frankfurt, as well as being a major global financial
center has the benefit of being located in the Eurozone. This is
one of many initiatives we are taking to increase market awareness
for our Company and value for our investors. Several potential
European investors have suggested that a Frankfurt listing will
make it easier for them to invest in our Company."
About Victory Energy Corporation:
Victory Energy Corporation
(http://www.victoryenergyoilandgas.com) is a publicly traded,
developmental stage petroleum company primarily dedicated to
energy-related opportunities. The Company goal is to evaluate
profitable options, develop a solid foundation through leadership
and sound business acumen, and acquire producing wells as well as
other potentially profitable prospects within the Oil & Gas
Industry. Certain statements contained herein are "forward-looking"
statements (as such term is defined in the Private Securities
Litigation Reform Act of 1995). Because such statements include
risks and uncertainties, actual results may differ materially from
those expressed or implied by such forward-looking statements.
Factors that could cause actual results to differ materially from
those expressed or implied by such forward-looking statements
include, but are not limited to, those discussed in filings made by
the Company with the Securities and Exchange Commission. The
Company's filings may be accessed at the SEC's EDGAR system at
www.sec.gov. Statements made herein are as of the date of this
press release and should not be relied upon as of any subsequent
date. The Company cautions readers not to place reliance on such
statements.
For information, please contact: Corporate Communications
1-702-989-9735
Victory Oilfield Tech (PK) (USOTC:VYEY)
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