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عضو نشط
- التسجيل
- 4 أبريل 2006
- المشاركات
- 17
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Nord Oil International to List on the NASD OTC Bulletin Board
Wednesday April 12, 9:00 am ET
MONTREAL--(MARKET WIRE)--Apr 12, 2006 -- Nord Oil International Inc. (Other OTC:NDOL.PK - News) announced today that it is in the process of having its stock listed on the NASD OTC Bulletin Board.
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The company expects to be listed on the NASD OTC BB by no later than May 1, 2006. "Nord Oil is compliant with all of its reporting and with the start of the oil production and in addition to our listing on the Frankfurt Exchange, the OTCBB is a great platform to showcase our company to investors," said Armenak Safarov, Vice-President of Nord Oil International.
It should also be noted that the company is currently reviewing an unsolicited stock purchase offer received April 6, 2006 for 100% of the total issued and outstanding shares of and has opted to keep the information confidential until all information can be reviewed and expects to release said purchase offer as soon as it can be bona fide. Management expects to be able to release said information by no later than May 1, 2006.
About Nord Oil International Inc.
Nord Oil International Inc. is a reporting publicly traded Oil & Gas junior producer, trading under the ticker symbol NDOL on the US Pinksheets market. Nord Oil International operates three wholly owned Russian subsidiaries: Nord Oil Products, Nord Oil Samara and NANA. Nord Oil's properties currently have a total of 48 million barrels of proven and probable reserves and the company plans to acquire additional properties and has an objective of 150 million barrels in proven and probable reserves.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
