Lexxor Energy Inc. Commences Trading On The Toronto Stock Exchange.Business Editors CALGARY, Alberta--(BUSINESS WIRE)--July 25, 2002 Lexxor Energy Inc. ("Lexxor") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension Venture:LXX) is pleased to announce that at the open of market on Friday, July 26, 2002, Lexxor's common shares will commence trading on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. ("TSX") under the symbol LXX. In conjunction with the TSX listing, Lexxor's issued and outstanding common shares will be delisted from the 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. . Lexxor was incorporated under the Business Corporations Act (Alberta) on August 8, 1995 and is a reporting issuer in British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography , Alberta, Saskatchewan, Manitoba, Ontario, Quebec and Nova Scotia Nova Scotia (nō`və skō`shə) [Lat.,=new Scotland], province (2001 pop. 908,007), 21,425 sq mi (55,491 sq km), E Canada. Geography . Lexxor is a Calgary, Alberta based oil and gas company, producing approximately 2,700 barrels per day Barrels per day (abbreviated BPD, bbl/d, bpd, bd or b/d) is a measurement used to describe the amount of crude oil (measured in barrels) produced or consumed by an entity in one day. of crude oil and natural gas liquids and 5,300 thousand cubic feet of natural gas in Western Canada. Lexxor has posted record operating and financial results during the most recent three-year period and attributes its success to a growth strategy that includes acquisitions, exploration and development in its three core areas of southeast Saskatchewan, east central Alberta, and west central Alberta. On July 23, 2002 Lexxor announced the closing of the acquisition of Liberty Oil and Gas Ltd. For further information, please contact Douglas O. McNichol, President and Chief Executive Officer at (403) 571-8110 or J. Paul Lawrence, Vice President, Finance and Chief Financial Officer at (403) 571-8111 or visit Lexxor's website at www.lexxor.com. |
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