American Stock Exchange Approves Hyperdynamics Listing.HOUSTON -- Hyperdynamics Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :HYPD) announced today that the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. has approved its listing application. The approval is contingent upon Adj. 1. contingent upon - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent on, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent the company being in compliance with all applicable listing standards on the date it begins trading on the exchange, and may be rescinded if the company is not in compliance with such standards. The company is expected to start trading on the exchange very shortly. Kent Watts, chief executive officer at Hyperdynamics, said, "We have worked diligently towards this and we couldn't be more excited for our shareholders." About the American Stock Exchange The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds Exchange Traded Funds (ETF) Also known as ETF. A basket of stocks similar to an index mutual fund. However, there are a number of important differences between ETFs and mutual funds. (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). , responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 155 ETFs. The Amex is also one of the largest options exchanges in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit www.amex.com About Hyperdynamics Hyperdynamics invests in companies with substantial potential for growth. Hyperdynamics' internationally active oil and gas subsidiary, SCS Corp., owns rights to explore and exploit acreage offshore West Africa. SCS also develops and provides state-of-the-art seismic data management services. HYD Resources Corp. focuses on domestic oil field services and low-risk shallow production. More information on Hyperdynamics Corp. can be obtained at their Web site at www.hypd.com 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. Statement: Statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, detailed from time to time in the company filings with the SEC. |
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