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CASSONA SE: CASSONA temporarily on hold

DGAP-News: CASSONA SE / Key word(s): Miscellaneous
CASSONA SE: CASSONA temporarily on hold

02.12.2014 / 08:20

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CASSONA temporarily on hold

The share trading of CASSONA is temporarily interrupted. CASSONA starts the
horizontal drilling on its oil property in Alberta and expects a humongous
success of the drilling and thus strong stock market speculations.

Frankfurt (2 December 2014) - CASSONA SE (COE) starts with the horizontal
drilling on the oil property in Alberta and expects outstanding drilling
successes. Against the market situation, despite of the historically deep
oil pricing and the drastically reduced oil production activities in
Canada, CASSONA expects even to multiply its oil production with this
additional drilling. The new drilling rig is already placed on the oil
property and the main drilling is about to start now. The company expects
that the outstanding valuation of this drilling alone could already
influence the market capitalisation significantly.

"Since several months the stock price of CASSONA remained fairly stable. If
we now different from all our competitors of the industry multiply our
production volumes, while the others are reducing production or even are
putting whole production areas on ice, we will inevitably face a
re-evaluation of CASSONA at the stock exchange. This applies all the more
if we prove the outstanding oil resources we currently set into
production," states the management of CASSONA. "To help absorb preceding
stock market speculations we appreciate that our shares are temporarily not
traded, until we have fully informed the market with new audited numbers."

CASSONA's shares are temporarily not traded until the reports are fully
certified by the corporate auditors and published by CASSONA and all other
conditions of the stock market are fulfilled.

CASSONA is an investment corporation for targets of the business sectors
natural resources, mining and infrastructure. CASSONA is a European
corporation with domicile in Frankfurt Main. The shares are listed at the
regulated market of GXG Markets and they are traded at the Open Market of
Frankfurt Stock Exchange FWB and at Berlin Stock Exchange (ISIN
DE000A1C6T63).

CASSONA SE
Schubertstr. 14
60325 Frankfurt Main
Germany
[e-mail]
www.cassona.de

This announcement contains forward-looking statements that are based on
current assumptions and forecasts of the management of CASSONA SE. Known
and unknown
risks, uncertainties and other factors could lead to material differences
between the forward-looking statements given here and the actual
development, in particular the
results, financial situation and performance of our company. The company
assumes no liability to update these forward-looking statements or to
conform them to future
events or developments.
(c) 2014 CASSONA SE is a European corporation in the legal form societas
europaea (SE) with headquarters in Frankfurt am Main, country of origin
Germany and first
quotation at the Danish stock exchange GXG Markets A/S in the EU regulated
market segment GXG Official List.



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02.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: CASSONA SE
Schubertstrasse 14
60325 Frankfurt
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.cassona.de
ISIN: DE000A1C6T63
WKN: A1C6T6
Listed: Freiverkehr in Berlin; Frankfurt in Open Market ; GXG


End of News DGAP News-Service
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