Monarch Energy Limited ("Monarch" or the "Company") (CSE:CHX)(OTC:MNLIF) is
pleased to announce that the Company has listed its securities on the Canadian
Securities Exchange and its common shares will commence trading today. The
Company's trading symbol will be "CHX".
About Monarch Energy
Monarch is an early stage company focused on the development of novel medical
devices for in vitro diagnostics and point-of-care testing. The devices are
protected by the Company's issued US and pending international patents, dealing
with blood collection, analysis and plasma/serum processing. Application of the
devices is extended to address special requirements for neonatal care.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER
HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain
"forward-looking information" within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions "may" or "will"
occur. Forward-looking statements are based on the opinions and estimates at the
date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those anticipated in the forward-looking statements
including, but not limited to delays or uncertainties with regulatory approvals,
including that of the CSE. There are uncertainties inherent in forward-looking
information, including factors beyond the Company's control. The Company
undertakes no obligation to update forward-looking information if circumstances
or management's estimates or opinions should change except as required by law.
The reader is cautioned not to place undue reliance on forward-looking
statements. Additional information identifying risks and uncertainties that
could affect financial results is contained in the Company's filings with
Canadian securities regulators, which filings are available at www.sedar.com
The security symbol, MNLIF, is part of the OTC Grey Market, where Monarch does
not provide any reports and has no obligation to do so. There are no market
makers under this symbol of this security. It is not listed, traded or quoted on
any U.S. stock exchange or the OTC Markets. Trades in grey market stocks are
reported by broker-dealers to their Self Regulatory Organization (SRO) and the
SRO distributes the trade data to market data vendors and financial websites so
investors can track price and volume. Since grey market securities are not
traded or quoted on an exchange or interdealer quotation system, investor's bids
and offers are not collected in a central spot so market transparency is
diminished and best execution of orders is difficult.
FOR FURTHER INFORMATION PLEASE CONTACT:
Monarch Energy Limited
Monarch Energy Limited