CALGARY, Nov. 23, 2017 /CNW/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL) announces that the TSX Venture Exchange has advised that the Share Purchase Warrants ("Warrants") issued as part of Pulse's June 2017 financing will begin trading on the TSX Venture Exchange at the open on November 27, 2017 under the symbol PUL.WT. Between October 26, 2017 and November 22, 2017, approximately 11.5 million Pulse shares have traded on the TSX Venture Exchange with an average closing share price of $0.18 per share. Each Pulse Warrant is exercisable into one Common Share of Pulse at an exercise price of $0.17 until June 13, 2019.
About Pulse Oil Corp.
Pulse is a Canadian company incorporated Under the Business Corporations Act (Alberta) and has plans to become a leading oil and gas company. Pulse has recently completed two transactions to consolidate its interests in the Bigoray area of Alberta, resulting in 100% control of Pulse's Bigoray operations that include two Nisku oil Pinnacle Reefs. Pulse is moving forward to grow production and execute an Enhanced Oil Recovery project to unlock significant value for shareholders through control of approximately 65 net sections of land across the Mannville, Cardium, Pekisko/Shunda and Nisku trends in Western Canada. Pulse will focus on acquiring affordable, small to medium sized proven oil and gas assets with significant upside. The Company plans to achieve further growth through low-risk, technically diligent drilling, infrastructure ownership and reserve growth utilizing proven enhanced oil recovery techniques and implementation of technology.
Neither the TSX Venture Exchange, Inc. nor its Regulation Service Provider (as that term is defined under the policies of the TSX Venture Exchange) has neither approved nor disapproved of the contents of this press release.
SOURCE Pulse Oil Corp.