EnerGulf Begins Trading on Frankfurt Stock Exchange
Monday April 25, 3:58 pm ET
HOUSTON--(BUSINESS WIRE)--April 25, 2005--EnerGulf Resources Inc. (TSX VENTURE:ENG - News) is pleased to announce that its shares have begun trading on the Frankfurt Stock Exchange, known as the Deutsche Borse, under the trading symbol "EKS". EnerGulf has undertaken this first step to broaden its shareholder base and visibility throughout Europe.
Commenting for EnerGulf, Jeff Greenblum, Chairman of the Board, said: "Trading on the Frankfurt Stock Exchange increases the profile of EnerGulf with the European investment community. It will enable both individual and institutional investors throughout Europe better access to the trading of our shares due to the expanded trading hours it affords our stock. We believe our rapidly growing Pan-African portfolio of high impact oil and gas exploration opportunities is particularly well suited to the European investment community and that European capital markets will play a significant role in moving forward and accelerating our business plan."
EnerGulf has begun to discuss its African projects with potential industry partners throughout the world and its Pan-African strategy with potential international financial sources as well. Further updates will be provided in due course.
On Behalf of the Board of Directors of
ENERGULF RESOURCES INC.
"James Askew", President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release.
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Contact:
EnerGulf Resources Inc.
James Askew, President, 888-822-8441
Fax: 604-801-5499
www.energulf.com
info@energulf.com
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Source: EnerGulf Resources Inc. |
