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TSXV ticker symbol: BEN
CALGARY, Nov. 10, 2016 /CNW/ - Butte Energy Inc. (the
"Company") (TSXV: BEN) announces today that effective with
the opening of trading on Monday, November
14, 2016, the Company's common shares will commence trading
on the NEX board of the TSX Venture Exchange ("TSXV") under the
symbol BEN.H.
The Company has not maintained tier maintenance requirements for
a TSXV Tier 2 issuer. Therefore, a transfer of the Company's
listing to the NEX Board of the TSXV from Tier 2 of the TSXV
Exchange will occur.
There will be no change in the Company's name, no change in its
CUSIP number and no consolidation of capital. NEX is a separate
board of the TSXV that provides a trading forum for publicly listed
companies while they assess their business plans, operations, and
formulate a strategy to reactivate their businesses for future
growth.
Information Regarding the Corporation
The Corporation is an emerging oil and gas company engaged in
the exploration for and development and production of oil and
natural gas reserves in Western Canada. The Corporation's
common shares trade on the Exchange under the symbol "BEN".
Neither the TSX Venture Exchange, Inc. nor its Regulation
Service Provider (as that term is defined under the policies of the
TSX Venture Exchange) has neither approved nor disapproved of the
contents of this press release.
SOURCE Butte Energy Inc.