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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Sierra Vista Energy Ltd Com Npv Class B | TSXV:SVR.B | TSX Venture | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Radius Resources Corp. (TSX VENTURE:RAX), (formerly Sierra Vista Energy Ltd., (TSX VENTURE:SVR.A) (TSX VENTURE:SVR.B)), is pleased to announce that at market opening on Friday, May 23, 2008, its common shares will commence trading on the TSX Venture Exchange under the symbol "RAX". Pursuant to shareholder approvals received at the Annual and Special Meeting of Shareholders of Sierra Vista Energy Ltd. on May 20, 2008 and subsequent approval by the TSX Venture Exchange, at the close of business on Thursday, May 22, 2008, the following changes were effected: 1) the Class B common shares of Sierra Vista Energy Ltd. were converted into Class A shares at a ratio of 10 Class A shares for each Class B share outstanding; 2) the Class B shares were delisted from the TSX Venture Exchange; 3) the Class A shares were consolidated on a 10 old for 1 new basis; 4) the share capital of the Company was amended, such that it now consists of unlimited common shares and unlimited preferred shares; and 5) the Company changed its name to Radius Resources Corp. "We are pleased to begin the next phase of the restructuring of the Company and the board of directors and management look forward to updating the shareholders of the Company's progress in the near future", stated David Mears, Chairman and CEO of Radius Resources. Radius Resources Corp. is a junior oil and gas company engaged in the exploration for, and development and production of, crude oil and natural gas focusing on the Peace River Arch region of central Alberta. The Company's shares trade on the TSX Venture Exchange under the symbol "RAX" and is classified as an "Oil and Gas Exploration, Development and Production" company.
1 Year Sierra Vista Energy Ltd Com Npv Class B Chart |
1 Month Sierra Vista Energy Ltd Com Npv Class B Chart |
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