CALGARY, Aug. 25, 2011 /PRNewswire/ - Goldnev Resources
Inc. ("Goldnev" or the "Corporation") (TSX Venture Exchange -
"GNZ"), announced today the reason for the trading halt of its
common shares on August 15, 2011
pending compliance with the TSX Venture Exchange (the "Exchange")
requirements.
The Corporation issued a total of 51,562,500 common shares for
private placement transactions and for the acquisition of
additional working interests in Goldnev's Pasquia Hills oil shale
permit PS 243. The Corporation currently has 151,068,609 common
shares issued.
The Exchange imposed the trading halt of the Company's
securities pending receipt, review and approval of these share
issuances.
The Corporation is cooperating fully with the Exchange in order
to resolve the situation in a timely manner.
Neither the TSX Venture Exchange, nor its Regulation Service
Provider (as the term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
About Goldnev
Goldnev Resources Inc. is a public energy company focused on the
exploration and development of unconventional and conventional
crude oil and natural gas production in east central Saskatchewan, northeastern British Columbia and southwestern Alberta. Goldnev shares trade on the TSX
Venture Exchange under the symbol "GNZ."
Anyone wishing to be added to the Corporation's news release
recipients list may forward an e-mail request to
info@goldnevresources.com.
SOURCE Goldnev Resources Inc.