HOUSTON, March 11, 2015 /PRNewswire/ -- Hyperdynamics
Corporation (OTCQX: HDYN) announced that its common stock began
trading today on OTCQX under the symbol "HDYN." Hyperdynamics
previously traded on the New York Stock Exchange under the symbol
"HDY."
"Trading on OTCQX will allow Hyperdynamics to maintain the
transparent trading, high disclosure standards and visibility to
which its shareholders are accustomed while placing it in company
with some of the world's largest, most established and
investor-friendly companies on OTCQX," said R. Cromwell Coulson, President and CEO of OTC
Markets Group. "We look forward to supporting Hyperdynamics
as it continues to grow its business and thrive on our Best
marketplace."
"We are pleased to have our stock trading on the OTCQX
marketplace," stated Ray Leonard,
President and Chief Executive Officer of Hyperdynamics Corporation.
"The high standards of the OTCQX marketplace underscore our
emphasis on continued financial transparency, communication with
investors and shareholders through our SEC filings, and our
commitment to making our stock as accessible as possible to the
investment community through the OTCQX visibility and market-making
support."
About Hyperdynamics
Hyperdynamics is an emerging independent oil and gas exploration
company that is exploring for oil and gas offshore the Republic of
Guinea in West Africa. To find out more, visit our
website at www.hyperdynamics.com.
Forward Looking Statements
This news release and the Company's website referenced in this
news release contain forward looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended,
regarding Hyperdynamics Corporation's future plans and expected
performance that are based on assumptions the Company believes to
be reasonable. Statements preceded by, followed by or that
otherwise include the words "believes", "expects", "anticipates",
"intends", "projects", "estimates", "plans", "may increase", "may
result", "will result", "may fluctuate" and similar expressions or
future or conditional verbs such as "will", "should", "would",
"may" and "could" are generally forward-looking in nature and not
historical facts. A number of risks and uncertainties could
cause actual results to differ materially from these statements,
including without limitation, funding and exploration efforts,
fluctuations in oil and gas prices and other risk factors described
from time to time in the Company's reports filed with the
Securities and Exchange Commission, including the Company's
Quarterly Report on Form 10-Q for the fiscal quarter ended
December 31, 2014. The Company
undertakes no obligation to publicly update these forward looking
statements to reflect events or circumstances that occur after the
issuance of this news release or to reflect any change in the
Company's expectations with respect to these forward looking
statements.
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SOURCE Hyperdynamics Corporation