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ACX Acadian Energy

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Share Name Share Symbol Market Type
Acadian Energy TSXV:ACX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Acadian Energy Inc. Announces Revocation of Cease Trade Orders

14/05/2012 10:46pm

Marketwired Canada


Acadian Energy Inc. (TSX VENTURE:ACX) (the "Corporation") announces that on May
11, 2012, the Corporation filed its audited financial statements for the year
ended December 31, 2011, accompanying management's discussion and analysis
("MD&A"), and corresponding certificates, as required by Ontario securities law
(the "Required Documents").


On May 3, 2012, the Ontario Securities Commission (the "OSC") issued a temporary
cease trade order (the "Cease Trade Order"). The Cease Trade Order was issued
due to the Corporation's failure to file the Required Documents on a timely
basis. The Corporation is now up to date with its continuous disclosure
requirements. The Required Documents can be reviewed on SEDAR under the
Corporation's profile at www.sedar.com.


On May 3, 2012, the Exchange suspended the Corporation's shares from trading on
the Exchange as a result of the Cease Trade Order. The Corporation has applied
to the Exchange for re-instatement of trading in the Corporation's shares and is
now under final review by the Exchange.


Additional information is also obtainable on the Corporation's web site
www.acadianenergy.com


About Acadian:

Acadian is a junior exploration and production company which is focused on the
exploration and development of New Albany shale oil and natural gas in the
Illinois Basin. The Corporation continues exploration development of the oil
potential of the New Albany Shale. Acadian trades on the TSX Venture Exchange
under the symbol ACX.


This communication to shareholders and the public contains certain
forward-looking statements. Actual results may differ materially from those
indicated by such statements. All statements, other than statements of
historical fact, included herein, including, without limitations statements
regarding future production, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.


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