Houston American Energy Corp. Announces Move to Nasdaq Capital Market
June 22 2007 - 2:52PM
PR Newswire (US)
HOUSTON, June 22 /PRNewswire-FirstCall/ -- Houston American Energy
Corp. (AMEX:HGO) today announced that its common stock listing
application for the Nasdaq Capital Market (Nasdaq) has been
approved. Houston American expects to begin trading on the Nasdaq
on or about July 5, 2007. Houston American will trade on the Nasdaq
Capital Market under the new symbol "HUSA". Until then, Houston
American's common stock will continue trading on the American Stock
Exchange under the current symbol "HGO". John Terwilliger, Houston
American's President and Chief Executive Officer stated, "We are
excited to be moving to the Nasdaq Capital Market. We believe the
move to Nasdaq will provide our investors with a more transparent
electronic market and improve trading efficiency and liquidity."
About Houston American Energy Corp. Based in Houston, Texas,
Houston American Energy Corp. is an independent energy company with
interests in oil and natural gas wells and prospects. The Company's
business strategy includes a property mix of producing and
non-producing assets with a focus on Texas and Colombia. Additional
information can be accessed by reviewing the December 31, 2006 Form
10-KSB, and its other periodic reports filed with the Securities
and Exchange Commission. The information in this release includes
certain forward-looking statements that are based on assumptions
that in the future may prove not to have been accurate. Those
statements, and Houston American Energy Corp., are subject to a
number of risks, including production variances from expectations,
volatility of product prices, the capital expenditures required to
fund its operations, environmental risks, competition, government
regulation, the ability of the company to implement its business
strategy and the effects on trading in our stock from moving our
listing to Nasdaq. These and other risks are described in the
company's documents and reports that are available from the company
and the United States Securities and Exchange Commission. For
additional information, view the company's website at
http://www.houstonamericanenergy.com/ or contact the Houston
American Energy Corp. at 713-222-6966. DATASOURCE: Houston American
Energy Corp. CONTACT: John Terwilliger of Houston American Energy
Corp., +1-713-222-6966 Web site:
http://www.houstonamericanenergy.com/
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