VANCOUVER, March 7, 2017 /CNW/ - Renaissance Oil
Corp. ("Renaissance" or the "Company") (TSX-V:ROE)
(OTCQB:RNSFF) is pleased to
announce that its common shares will commence trading on
the OTCQB® Venture Market in the United
States under the symbol "RNSFF" on March 8, 2017.
"Admission to the OTCQB market is part of a long-term strategy
to introduce the Company to a broader international audience," said
Craig Steinke, President and CEO of
Renaissance. "This provides us with a trading platform for current
and future American investors as well as a means of increasing our
international visibility."
The OTCQB Venture Market is for early-stage and developing
U.S. and international companies. To be eligible, companies must be
current in their financial reporting, pass a minimum bid price test
and undergo an annual company verification and management
certification process. The OTCQB quality standards provide a strong
baseline of transparency, as well as the technology and regulation
to improve the information and trading experience for
investors.
Renaissance Oil Corp. will continue to trade on the TSX Venture
Exchange (TSX-V) under its existing symbol "ROE".
Renaissance is a growing energy company focused on opportunities
in Mexico. For further information please visit our website
at www.renaissanceoil.com.
RENAISSANCE OIL CORP.
Per:
Craig Steinke
Chief Executive Officer
Cautionary Note Regarding Forward-Looking
Statements
This news release contains certain "forward-looking
statements" within the meaning of Canadian securities legislation,
including, without limitation, statements with respect to the
expected listing of the Warrants.
Forward-looking statements are statements that are not
historical facts which address events, results, outcomes or
developments that the Company expects to occur; they are generally,
but not always, identified by the words "expects", "plans",
"anticipates", "believes", "intends", "estimates", "projects",
"aims", "potential", "goal", "objective", "prospective", and
similar expressions, or that events or conditions "will", "would",
"may", "can", "could" or "should" occur. Forward-looking statements
are based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made and they involve a
number of risks and uncertainties. Certain material
assumptions regarding such forward-looking statements are discussed
in this news release and the Company's annual and quarterly
management's discussion and analysis filed at www.sedar.com. Except
as required by the securities disclosure laws and regulations
applicable to the Company, the Company undertakes no obligation to
update these forward-looking statements if management's beliefs,
estimates or opinions, or other factors, should change.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Renaissance Oil Corp.