An anonymous director reports
LNG ENERGY GROUP CORP. ANNOUNCES LISTING ON THE TSX VENTURE EXCHANGE
Further to the press release dated Aug. 15, 2023, LNG Energy Group Corp. has received final approval from the TSX Venture Exchange to list the common shares of LNG Energy and common share purchase warrants on the TSX Venture Exchange as a Tier 1 oil and gas extraction issuer. The TSX-V issued the listing bulletin in respect of the common shares and warrants on Sept.
8, 2023. The company's common shares and warrants will be delisted from the Canadian Securities Exchange at market close on Sept.
11, 2023. Trading on the TSX-V in respect of the common shares, under the symbol LNGE, and warrants, under the symbol LNGE.WT, will commence at market open on Sept.
12, 2023.
The total number of common shares issued and outstanding at listing will be 155,108,166, and the total number of warrants issued and outstanding at listing will be 44,577,350. A total of 76,510,001 common shares and 27,964,000 warrants held by principals will be subject to the TSX-V's Tier 1 value escrow requirements, with 25 per cent of the escrowed securities to be released at the date of the final exchange bulletin, with an additional 25 per cent of the total escrowed securities to be released, respectively, at the six-, 12- and 18-month anniversaries of the date of the final exchange bulletin.
About LNG Energy Group Corp.
The company is focused on the acquisition and development of natural gas production and exploration assets in Latin America.
We seek Safe Harbor.
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