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AQL Aeroquest Intl Ltd

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Delayed by 15 minutes
Share Name Share Symbol Market Type
Aeroquest Intl Ltd TSXV:AQL 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 -

Aeroquest International Limited (TSX-V:AQL) Announces Conditional Approval of TSX Listing

18/06/2008 10:00pm

Marketwired Canada


Attention business/financial editors and reporters:

Aeroquest International Limited ("Aeroquest") (TSX VENTURE:AQL) announces that
the Toronto Stock Exchange ("TSX") has conditionally approved the listing of
Aeroquest's common shares, subject to Aeroquest satisfying certain customary
final filing requirements on or before September 15, 2008. Aeroquest will make
an application to the TSX Venture Exchange ("TSX-V") to voluntarily delist its
common shares from the TSX-V, such delisting to be effective as of the date
Aeroquest's common shares commence trading on the TSX. Trading is expected to
commence on the TSX in early July under the symbol "AQL".


"Aeroquest's graduation to the TSX marks another stage in the evolution of our
company," said Roy Graydon, the President and CEO of Aeroquest; "We believe that
the listing of our common shares on the TSX will assist us to broaden our
investor base, provide our shareholders with increased liquidity and enhance our
visibility in the global capital markets."


About Aeroquest International

Aeroquest International is a global information and technology services company
and a leader in the development and operation of innovative and proprietary
geophysical surveying platforms for the mineral and petroleum exploration, and
environmental services industries. Directly, and through its sister companies
UTS Geophysics and Geophex, Aeroquest fields a fleet of helicopter and fixed
wing survey systems and is active around the world. More information about
Aeroquest can be found at www.aeroquest.ca. More information on UTS Geophysics
can be found at www.uts.com.au. More information on Geophex can be found at
www.geophex.com.


For Investors

This news release may include statements about expected future events and/or
financial results that are forward-looking in nature and subject to risks and
uncertainties. The Company cautions that actual performance will be affected by
a number of factors, many of which are beyond its control. Future events and
results may vary substantially from what the Company currently foresees.
Discussion of the various factors that may affect future results is contained in
the Company's recent filings, available on SEDAR.


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