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
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
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)
SOURCE: Marquee Energy Ltd.
For further information:
President & Chief Executive Officer
Vice President, Finance & Chief Financial Officer