Westmount Energy Limited Notification of Voluntary Withdrawal from OTCQB

RNS Number : 4424L

Westmount Energy Limited

08 November 2024

 

8th November 2024

WESTMOUNT ENERGY LIMITED

("Westmount" or the "Company")

 

Westmount Energy Limited (UK AIM: WTE.L, USA OTCQB: WMELF), the AIM-quoted oil and gas investing company focussed on high impact drilling outcomes in emerging basins, announces that its ordinary shares of no par value ("Ordinary Shares") will no longer be available for cross-trading via the OTCQB® Venture Market ("OTCQB Market") effective from the opening of the markets on 2^nd December, 2024. The Company has decided to voluntarily withdraw from the OTCQB Market cross-trading facility, at this point in time, as a cost reduction measure.  

Westmount's Ordinary Shares may continue to be eligible for quotation on the Pink tier of the trading platform that is operated by the OTC Markets Group Inc. in New York, if market makers commit to making a market in the Company's shares. However, the Company can provide no assurance that trading in its Ordinary Shares will continue on the OTC Pink Market. For quotes or additional information on the OTC Pink market, please visit http://www.otcmarkets.com.

Westmount's Ordinary Shares will continue to trade on the AIM market of the London Stock Exchange with the ticker symbol "WTE.L".


For further information, please contact:

 

Westmount Energy Limited                            www.westmountenergy.com

David King, Director                                          Tel: [phone]
                                                                          email: [e-mail]

 

 

 

Cavendish Capital Markets Limited (Nomad and Broker)           Tel: [phone]

Neil McDonald/Peter Lynch (Corporate Finance)

 

 

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