News Release
Spartan Exploration Ltd. To Trade On Toronto Stock Exchange
Spartan Exploration Ltd. - (the "Company") - An application has been granted for the original listing in the Oil and Gas category of 35,750,306 common shares of which 28,092,766 common shares will be issued and outstanding and 7,657,540 common shares will be reserved for issuance.
The common shares of the Company will be listed and posted for trading at the opening on Thursday, January 21, 2010.
Stock Symbol: "SPE"
CUSIP: 846786 10 1
Trading Currency: CDN
Temporary Market Maker: Macquarie Capital Markets Canada Ltd.
Other Markets: The common shares of Aztek Energy Ltd. ("Aztek") were listed on TSX Venture Exchange on July 29, 2004. On November 6, 2008, the trading of the common shares of Aztek was transferred to the NEX Board of TSX Venture Exchange ("NEX"). On January 18, 2010, Aztek was amalgamated with the Company. The common shares of Aztek (Symbol: AZT.H) will be delisted from NEX at the opening on January 21, 2010, upon commencement of the trading of the common shares of the Company on Toronto Stock Exchange.
Head Office Address: Suite 1000, 606 - 4th Street SW
Calgary, AB T2P 1T1
Head Office Telephone Number: (403) 294-9196
Fax Number: (403) 294-9126
Email: mwiggins@spartanexp.com
Investors Relations: Richard F. McHardy
Tel: (403) 294-9196, ext. 202
Email: rmchardy@spartanexp.com
Chief Financial Officer: Michelle Wiggins
Corporate Secretary: Sony Gill
Incorporation: The Company was incorporated pursuant to the Business Corporations Act (Alberta) on January 23, 2008 as "137644 Alberta Ltd." and subsequently changed its name to "Spartan Exploration Ltd." on February 29, 2008.
Fiscal Year End: December 31
Nature of Business: The Company is engaged in the business of acquiring oil and natural gas properties for development and production in western Canada.
Transfer Agent & Registrar: Alliance Trust Company at its principal offices Calgary, Alberta and BNY Trust Company of Canada, as co-transfer agent in Toronto, Ontario.
Dividends: Since incorporation, the Company has not declared or paid any dividends on its outstanding common shares. Any decision to pay dividends on the common shares in the future will be made at the discretion of the board of directors of the Company, after taking into account the financial condition of the Company and other conditions existing at such future time.
