AMEX-Listing für Cano Petroleum!! - 500 Beiträge pro Seite

[GNawracala]

: cool:

Press Release Source: Cano Petroleum Inc.

Cano Petroleum Announces Approval for American Stock Exchange Listing; Listing Will Provide Additional Exposure and Liquidity for Common Stock
Tuesday May 3, 9:00 am ET


FORT WORTH, Texas, May 3 /PRNewswire-FirstCall/ -- Cano Petroleum Inc. (OTC Bulletin Board: CAOP - News) has announced approval from the American Stock Exchange to list its common stock for trading. Assuming completion of final filings and fees, Cano will begin trading on the Amex under the symbol CFW within the next two weeks.
"The American Stock Exchange listing will provide greater visibility and liquidity for Cano`s shares, and qualify the stock for purchase with a wider range of institutional and individual investors," said Jeff Johnson, chairman and chief executive officer of Cano. "The listing is an important step in our capitalization structure to fund our growth and acquisition plans. We are pleased to create additional exposure for our company in the U.S. and European investment community."

Cano has retained Cohen Specialists, L.L.C., as specialists in trading CFW shares.

Trading approval from Amex is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the Company is not in compliance with such standards.

ABOUT CANO PETROLEUM:

Cano Petroleum Inc. is an independent Texas-based energy producer with properties in the mid-continent region of the United States. Led by an experienced management team, Cano`s primary focus is on increasing domestic production from proven fields using enhanced recovery methods. Cano will continue to trade under the ticker symbol CAOP on the NASD Bulletin Board until the transition to Amex is complete. Additional information is available at www.canopetro.com .

INFORMATION REGARDING FORWARD-LOOKING STATEMENTS:

Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of natural resource prices, product demand, market competition, and risks inherent in our operations. These and other risks are described in our Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.


For media inquiries, contact: For investor inquiries, contact:
Kenneth Kracmer Bob Schwaller
Michael & Partners Michael & Partners
972-716-0500 ext. 15 972-243-0439
[e-mail] [e-mail]




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Source: Cano Petroleum Inc.

[GNawracala]

mehr Infos (inklusive Artikel aus FAZ und FTD etc.) gibt es übrigens hier: Thread: Heisse Ölwertspekulation: Cano Petroleum mit Bericht in der FT!

[zehdee]

und hier...

http://www.canopetro.com/pdf/Cano-IPAA-Pres-041505-1.pdf

MfG, CD

[GNawracala]

auf jedenfall! - wenn da jetzt positive ergebnisse von deren feldern kommen und wenn der handel an der AMEX erstmal los geht ...