CALGARY, June 23 /CNW/ - Goldnev Resources Inc. ("Goldnev" or the
"Corporation"), (TSX Venture Exchange - "GNZ") is pleased to announce that
that the cease trade orders issued by the Alberta, British Columbia and
Ontario Securities Commissions in respect of the Corporation (collectively,
the CTO's) have been fully revoked by the applicable regulatory authorities.
The CTO's were issued as a result of the Corporation's failure to file
its annual filings for the year ended March 31, 2008 and its interim financial
statements, related interim management's discussion and analysis and
certificates of interim filings for the three-month period ended June 30, 2008
(the 'financial statements') with the relevant securities regulatory
authorities within the timeframe prescribed by NI 51-102. The Corporation
filed its continuous disclosure documents on March 9, 2009, which are
available for viewing at www.sedar.com.
The revocation of the CTO's allows the Corporation to consider issuing
securities and to raise the funds necessary to complete the planned drilling
and operating activities for its Noel, Turner Valley and Pasquia Hills
projects, for possible oil and gas acquisitions and to payout its outstanding
matured convertible debentures or negotiate the extension of such debentures.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Goldnev Resources Inc. is a public energy company focused on conventional
and unconventional oil and gas production with assets in northeastern British
Columbia, north central and southwestern Alberta and an oil shale development
project in east central Saskatchewan. Goldnev shares are listed 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 firstname.lastname@example.org.
For further information:
For further information: on Goldnev, please visit our website at
www.goldnevresources.com, or email at email@example.com or contact:
Mr. Marc Dame, President and Chief Executive Officer, Goldnev Resources Inc.,
Telephone: (403) 237-5711, Facsimile: (403) 718-0163, E-mail:
firstname.lastname@example.org, Suite 485, 708 - 11th Avenue S.W., Calgary,
Alberta, T2R 0E4