GeoGlobal Announces Delisting from NYSE
May 01 2013 - 7:00AM
Marketwired
GeoGlobal Resources Inc. (the "Company") (NYSE MKT:GGR) previously
announced that it had received a delisting notice from the NYSE MKT
LLC (the "Exchange") on April 17, 2013. The Company had the right
to appeal the Exchange's determination on or before April 24, 2013.
The Company did not request an appeal and therefore, the Exchange's
determination has become final. Accordingly the Company's Common
Stock is scheduled for delisting from the Exchange, and trading in
the Company's Common Stock on the Exchange will be discontinued
effective at the close of business on Thursday May 2, 2013.
The Company has made an application with the OTC Bulletin Board
and taken the necessary steps so that the Company's Common Stock
will be traded on the OTC Bulletin Board as soon as practicable
after May 2, 2013.
About GeoGlobal
GeoGlobal Resources Inc., headquartered in Calgary, Alberta,
Canada, is a US publicly traded oil and gas company, which, through
its subsidiaries, is engaged in the pursuit of petroleum and
natural gas in high potential exploration targets through
exploration and development in India, Israel and Colombia.
Cautionary Statement For Purposes Of The "Safe Harbor"
Provisions Of The Private Securities Litigation Reform Act Of
1995.
This press release contains statements which constitute
forward-looking statements within the meaning of the US Private
Securities Litigation Reform Act of 1995, including statements
regarding the plans, intentions, beliefs and current expectations
of GeoGlobal Resources Inc., its directors, or its officers with
respect to the oil and gas exploration, development and drilling
activities being conducted and intended to be conducted and the
outcome of those activities on the exploration blocks in which the
Company has an interest. The Company updates forward-looking
information related to operations, production and capital spending
on a quarterly basis and updates reserves, if any, on an annual
basis.
We caution you that various risk factors accompany our
forward-looking statements and are described, among other places,
under the caption "Risk Factors" in our Annual Reports on Form
10-K, Quarterly Reports on Form 10-Q and our Current Reports on
Form 8-K. These risk factors could cause our operating results,
financial condition and ability to fulfill our plans to differ
materially from those expressed in any forward-looking statements
made in this press release and could adversely affect our financial
condition and our ability to pursue our business strategy and
plans. If our plans fail to materialize, your investment will be in
jeopardy.
An investment in shares of our common stock involves a high
degree of risk. Our periodic reports, which we file with the
Securities and Exchange Commission and Canadian provincial
authorities may be viewed at http://www.sec.gov and
www.sedar.com.
Contacts: GEOGLOBAL RESOURCES INC.
+1-403-777-9250info@geoglobal.com www.geoglobal.com
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