BlackGold Natural Resources, PLC Anticipates Trading to Begin on Frankfurt Stock Exchange Next Week.Trading on OTC Market Noun 1. OTC market - a stock exchange where securities transactions are made via telephone and computer rather than on the floor of an exchange over-the-counter market Terminates as a Result FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla. -- Black Gold Gas & Oil, Inc. anticipates trading in its successor, BlackGold Natural Resources, PLC, will commence on the Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. under the symbol N1Y next week. (BlackGold Natural Resources is the surviving British company of the US corporation after the recently completed reorganization.) In anticipation of such action, trading of Black Gold Gas & Oil, Inc. on the US over the counter market under the symbol BKGD BKGD Background has been terminated. The company will make a further news release when trading has commenced in Frankfurt and regrets the lack of coordination between the US and Frankfurt markets. As stated in the company's press release of September September: see month. 29, 2006, the company reminds its shareholders that if they have possession of their certificates, the transfer agent will contact them directly with instructions regarding their receipt of share certificates of BlackGold Natural Resources, PLC. Distribution of shares in BlackGold Natural Resources, PLC to shareholders of Black Gold Gas & Oil, Inc. that have their shares held in street name has already been or will be accomplished by the actions of the company's transfer agent through the Depository Trust Company Depository Trust Company (DTC) DTC is the world's largest central securities depository. It accepts deposits of over 2 million equity and debt securities issues (valued at $23 trillion) from over 65 countries for custody, executes book-entry deliveries (valued at over $116 trillion and no action is needed on the part of such shareholders. The company continues to move forward on all previously announced projects and anticipates its new web site at www.blackgoldnr.com will be operational by the end of next week. Cautionary Note Concerning Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : This news release contains forward-looking statements as defined in Section 27A of the Securities Exchange Act of 1934, regarding the expected benefits of the reorganization. Investors are cautioned that forward-looking statements are not guarantees of future performance. Actual events or results may differ from the Company's expectations, which are subject to various risks and uncertainties. The forward-looking statements made herein are based on information presently available to the management of the company. The company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. |
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