News Release
Petroflow Energy Ltd. To Trade On Toronto Stock Exchange
ORIGINAL LISTING
Petroflow Energy Ltd. - (the “Company”) – An application has been granted for the original listing in the Oil and Gas category of up to 34,220,203 common shares of which up to 29,571,094 common shares will be issued and outstanding and up to 4,649,109 common shares will be reserved for issuance.
The common shares of the Company will be listed and posted for trading at the opening on Tuesday, January 20, 2009.
The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.
Stock Symbol: “PEF”
CUSIP: 715918 40 5
Trading Currency: CDN
Temporary Market Maker: Byron Securities Ltd.
Other Markets: The common shares have been listed on TSX Venture Exchange (Symbol: PEF) since March 11, 1994 and the NYSE Alternext since July 14, 2008 (Symbol: PED). The common shares will be delisted from TSX Venture Exchange prior to the opening on January 20, 2009.
Head Office Address:
970, 717 – 7th Avenue SW
Calgary, AB T2P 0Z3
Head Office Telephone Number: (403) 539-4320
Fax Number: (403) 705-0488
Email: info@petroflowenergy.com
Website: www.petroflowenergy.com
Investors Relations: John Melton
Tel.: (504) 453-2926
Email: meltonjohn@petroflowenergy.com
Chief Financial Officer: Duncan Moodie
Corporate Secretary: Patricia Leeson
Incorporation: The Company was incorporated pursuant to the Companies Act (Nova Scotia) as Atlantic Gold Mines Limited on March 11, 1974. The Company was continued under the Canada Business Corporations Act on July 26, 1994.
Fiscal Year End: December 31
Nature of Business: The Company is a growth-oriented, exploration-focused oil and gas company with primary areas of focus in Oklahoma, New Mexico, Texas and Alberta.
Transfer Agent & Registrar: Valiant Trust Company at its principal offices Calgary, Alberta and Toronto, Ontario.
Dividends: Since incorporation, the Company has not paid any dividends on its outstanding common shares. Any decision to pay dividends on the common shares in the future will be made by the board of directors of the Company on the basis of the Company’s earnings, financial requirements and other conditions existing at such future time.
