Marquee Energy Ltd. commences trading in the U.S. on the OTCQX marketplace
CALGARY, Jan. 13, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee") (TSX: MQL) (OTCQX: MQLXF) is pleased to announce that effective today, it has commenced trading on OTCQX International, a segment of the OTC Markets for non-U.S. companies that are listed on a qualified international exchange, and provide home country disclosure to U.S. investors. The OTCQX marketplace maintains the highest financial standards and superior information availability within OTC Markets.
The move to the OTCQX for Marquee's U.S. marketplace will broaden the Company's access to both current and prospective U.S. shareholders. "Marquee is at an exciting stage in its development having just completed a strategic transaction doubling production and adding significant new U.S. investment in the Company", stated Richard Thompson, Chief Executive Officer of Marquee.
Investors can find current financial disclosure and Real-Time Level 2 quotes for Marquee on www.otcmarkets.com. Financial disclosure and other information about the Company are also available at www.marquee-energy.com.
Merriman Capital Inc. will serve as Marquee's Principal American Liaison ("PAL") on OTCQX, and will be responsible for providing guidance on OTCQX requirements.
ABOUT MARQUEE ENERGY LTD:
Marquee Energy Ltd. is a publicly traded Calgary-based growth oriented junior oil and gas company currently focused on high rate of return oil development and production. Marquee is committed to growing through exploitation of existing opportunities and continued consolidation within its core area at Michichi in Eastern Alberta. Additional information about Marquee may be found on its website www.marquee-energy.com, and in its continuous disclosure documents filed with Canadian securities regulators on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
Reader Advisory and Note Regarding Forward Looking Information
Certain statements contained within this press release, and in certain documents incorporated by reference into this document constitute forward looking statements. These statements relate to future events or future performance. All statements, other than statements of historical fact, may be forward looking statements. Forward looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "budget", "plan", "continue", "estimate", "expect", "forecast", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward looking statements.
In particular, this press release contains the following forward looking statements pertaining to, without limitation, the following: Marquee's (i) future production volumes and the timing of when additional production volumes will come on stream; Marquee's (ii) realized price of commodities in relation to reference prices; (iii) future commodity mix; (iv) future commodity prices; (v) expectations regarding future royalty rates and the realization of royalty incentives; (vi) expectation.
SOURCE Marquee Energy Ltd.For further information:
President & Chief Executive Officer
Vice President, Finance & Chief Financial Officer