Allied Voluntarily Delists from the TSX Venture Exchange.SALT LAKE CITY -- Allied Resources Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ALOD)("Allied") announced the voluntary delisting of its common stock from the Toronto Stock Exchange's TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. , under the symbol "ALO," effective as of the close of business today. Allied will continue to maintain the quotation of its common stock on the Over the Counter Bulletin Board under the symbol "ALOD." Allied is an independent oil and natural gas producer involved in the exploration, development, production and sale of oil and gas derived from properties located in Calhoun and Ritchie counties, West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures Area, 24,181 sq mi (62,629 sq km). Pop. . Allied currently realizes production from a total of 145 wells, with a working interest of 18.75% to 75%, all of which are maintained and managed by a local operator. A number of statements contained in this press release may be considered to be forward-looking statements that are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995. These forward-looking statements involve a number of risks and uncertainties. The actual results Allied may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Allied encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB. Allied's public filings may be viewed at www.sec.gov. |
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