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15:53:19 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



East West Petroleum Corp
Symbol EW
Shares Issued 89,585,665
Close 2023-06-20 C$ 0.065
Market Cap C$ 5,823,068
Recent Sedar Documents

East West to downgrade to Tier 2 on TSX-V June 22

2023-06-21 02:28 ET - News Release

Subject: East West News Release Word Document File: '\\swfile\EmailIn\20230620 221201 Attachment EW20210226_East West News Release .docx' - 2 - - 2 - 1305 - 1090 West Georgia Street, Vancouver, BC, Canada, V6E 3V7 Tel: 604.685.9316 | Fax: 604.683.1585 NEWS RELEASE EAST WEST PETROLEUM TO MOVE TO TIER 2 FROM TIER 1 Vancouver, British Columbia: June 21st 2023- East West Petroleum Corp. (TSX-V: EW) ("East West" or the "Company") reports that effective June 22nd its listing on the TSX Venture Exchange will be reclassified as a Tier 2 oil and gas issuer. The Company was previously a Tier 1 oil and gas issuer but it no longer meets the requirements for listing as Tier 1 issuer in regard to the value of its proven reserves , specifically having $ 2 million of proved developed reserves. The transfer to Tier 2 will have no material impact on the Company. The Company is well funded and its operations continue to generate positive cash flow. On Behalf of the Board Nick Demare, Interim CEO Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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