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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Admiral Bay Resources Inc. | TSXV:ADB | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
President and CEO Steven Tedesco commented "Despite the sharp reduction in natural gas prices, we have been able to grow production while reducing overall costs in response to these challenging times. We are continuing to grow the Company as evidenced by the recent acquisition of the Thayer project in Kansas that will allow us to show further growth in production going forward while we continue to aggressively lower costs in all our project areas and corporately. We continue to look for additional ways to take advantage of the current environment to grow the Company while improving our cost structure and liquidity".
Admiral Bay Resources Inc. (www.admiralbay.com) is an emerging unconventional gas production company focused on the development of projects in the Cherokee Basin in southeast Kansas and the Appalachian Basin in Pennsylvania. Admiral Bay is listed on the TSX Venture Exchange under the symbol ADB.
Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these "forward-looking statements".
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: Admiral Bay Resources Inc. Steven Tedesco President & C.E.O. (303) 350-1255 (303) 617-8956 (FAX) stedesco@admiralbay.com Admiral Bay Resources Inc. Robert Carington CFO (303) 350-1255 (303) 708-1861 (FAX) rcarington@admiralbay.com www.admiralbay.com
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