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Storm Cat Energy Corporation Announces Annual Shareholders' Meeting;
Approves All Business
Friday June 30, 12:19 pm ET
CALGARY, Alberta
and DENVER, June 27 /PRNewswire-FirstCall/ -- Storm Cat
Energy Corporation
(Amex: SCU; TSX.V: SME) today announced
that effective June 29, 2006, shares of its common stock
will commence trading on the Toronto Stock Exchange (TSX)
under the symbol "SME." A total of 83,399,246 common shares
of the Company will be listed on the TSX, of which 66,372,396
will be available for trading, with 17,026,850 common shares
reserved for future issue. Trading of the Company's common
shares on the TSX Venture Exchange (TSXV) will cease as
of the close of trading on June 28, 2006 and will be de-listed
from the TSXV at the market opening of the TSX on June
29, 2006. In
addition, common shares of Storm Cat Energy will continue
to trade on the American Stock Exchange under
the symbol "SCU."
Management Comment
J. Scott Zimmerman, President and CEO,
said: "While
our affiliation with the TSXV was an important part of
our capital formation since inception,
graduating to the primary Canadian exchange is indicative of our growth
and operational success in the past 24 months. The fluid
TSX trading structure
and potential for increased liquidity should allow for improved access
to institutional investors. Today's listing is another
benchmark in Storm Cat's
evolution."
About Storm Cat Energy
Storm Cat Energy is an independent oil
and gas company focused on the pursuit, exploration
and development of
large unconventional gas reserves from fractured
shales, coal beds and tight sand formations. The Company has producing
properties in Wyoming's Powder River Basin, exploration
and development acreage in Canada
and Alaska, and high-risk, high-reward exploration acreage in Mongolia.
The Company's shares trade on the American Stock Exchange
under the symbol "SCU" and
in Canada on the TSX Venture Exchange under the symbol "SME."
By Order of the Board of Directors
Storm Cat Energy Corporation
J. Scott Zimmerman
President and Chief Executive Officer
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Source:
Storm Cat Energy Corporation
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