NEW STANDARD ENERGY ASX Announcement (ASX: NSE)
Date: 4 January 2016
Removal from OTCQX
New Standard Energy Limited (New Standard) advises that it has not renewed its listing on OTCQX and as such has been removed from OTCQX and downgraded to the OTC Pink market effective today.
The decision is reflective of the Company's recent sale of its US asset portfolio and return focus on the development of its portfolio of Western Australian assets.
Investors will have the opportunity to buy or sell NSE securities (NWSTF) in the US markets on the OTC Pink market (http://www.otcmarkets.com/marketplaces/otc-pink) and Broker Dealers will have the ability to quote NWSTF in this market.
For further information, please contact:
Phil Thick Managing Director
Ph: + 61 8 9481 7477
Email: pthick@newstandard.com.au
Cameron Morse FTI Consulting
Ph: +61 8 9485 8888
Email: cameron.morse@fticonsulting.com
Western Australia
Southern Canning Project100% operated interest in exploration permits (EPs 443, 450, 451, 456), Southern Canning Basin, Western Australia
100% operated interest in exploration permit application areas (STP-EPA-006, STP-EPA-007 and STP-EPA- 010), Southern Canning Basin, Western Australia
Laurel Project100% operated interest in exploration permit EP 417, Northern Canning Basin, Western Australia
100% operated interest in exploration permit application areas (STP-EPA-0092 and STP-EPA-0109), Northern Canning Basin, Western Australia
Merlinleigh Project100% operated interest in exploration permits (EPs 481 and 482), onshore Carnarvon Basin, Western Australia
6 Outram Street, West Perth WA 6005 │ PO Box 1542, West Perth WA 6872 Tel + 61 8 9481 7477 │ Fax + 61 8 9324 3366 │ newstandard.com.au
