WesternZagros in Top 50 Companies on TSX Venture Exchange
February 13 2013 - 12:15PM
Marketwired Canada
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the
Company") is pleased to announce that it has been included in the 2013 TSX
Venture 50(R), a ranking of strong performing companies listed on Canada's TSX
Venture Exchange.
The TSX Venture 50(R) annually awards the top 10 companies listed on the TSX
Venture Exchange, in each of five major industry sectors: Oil and Gas, Mining,
Technology & Life Sciences, Diversified Industries and Clean Technology. The
2012 TSX Venture Top 50 companies were chosen based their share price
appreciation, trading volume, market capitalization, growth and analyst
coverage, as of December 31, 2012.
"We are honoured to be part of the TSX Venture Top 50 for the second consecutive
year," said Simon Hatfield, CEO of WesternZagros. "With 2,258 listed issuers on
the TSX Venture Exchange, our top 10 ranking in the oil and gas sector is
validation of the tremendous effort by the WesternZagros team in the execution
of our exploration and appraisal plan in the Kurdistan Region of Iraq."
According to statistics compiled by the TSX Venture Exchange, in 2012
WesternZagros experienced a 63% growth in share price and 81% growth in
capitalization of the top ten oil and gas sector.
WesternZagros will be recognized by the TSX Venture Exchange in an award
ceremony in early April, 2013 to honour this year's Top 50 companies.
About WesternZagros Resources Ltd.
WesternZagros is an international natural resources company engaged in acquiring
properties and exploring for, developing and producing crude oil and natural gas
in Iraq. WesternZagros, through its wholly-owned subsidiaries, holds two
Production Sharing Contracts with the Kurdistan Regional Government in the
Kurdistan Region of Iraq. WesternZagros's shares trade in Canada on the TSX
Venture Exchange under the symbol "WZR".
WESTERNZAGROS RESOURCES WAS RECOGNIZED AS A TSX VENTURE 50(R) COMPANY IN 2013.
TSX VENTURE 50 IS A TRADE-MARK OF TSX INC. AND IS USED UNDER LICENSE.
FOR FURTHER INFORMATION PLEASE CONTACT:
WesternZagros Resources Ltd.
Greg Stevenson
Chief Financial Officer
(403) 693-7007
investorrelations@westernzagros.com
WesternZagros Resources Ltd.
Tony Kraljic
VP Business Development
(403) 693-7011
investorrelations@westernzagros.com
WesternZagros Resources Ltd.
Lisa Harriman
Manager of Investor Relations
(403) 693-7017
investorrelations@westernzagros.com
www.westernzagros.com
Smithfield Group
John Kiely
+44 (0) 20 7360 4900
jkiely@smithfieldgroup.com
Smithfield Group
James McFarlane
+44 (0) 20 7360 4900
jmcfarlane@smithfieldgroup.com
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