Victory Energy Corporation (OTCBB: VYEY) announced today that it has
successfully completed the steps to list its shares to trade on the Frankfurt
stock exchange. The Frankfurt listing further allows European investors to buy
shares in local currency and helps establish a more significant presence in
Europe for the Corporation.
"We are excited to be listed on the Frankfurt Stock Exchange and look
forward to the increased exposure the listing will provide," said Jon Fullenkamp,
President of Victory Energy Corporation. "The Frankfurt listing is intended to
increase awareness of Victory in Europe and posture the company for
significant growth."
The Frankfurt Stock Exchange (FWB) is one of the world's largest trading
centers
for securities. Operated by the Deutsche Boerse AG, FWB is the largest of all
German stock exchanges and responsible for approximately 90 percent of the
securities trading volume in Germany. The Frankfurt Stock Exchange facilitates
advanced electronic trading, settlement and information systems and enables
cross-border trading for international investors. Victory trades under the
following
stock symbol, 4VY, and the WKN: AOML5Y.
Jon Fullenkamp, President of Victory Energy Corporation, stated, "The
Frankfurt listing marks a further step in the company's evolution. Our global
business development strategy is accompanied by a commitment to our investors
to facilitate trading and, over time, enhance the liquidity of our common
shares. There is established interest and expertise in Frankfurt in high-growth
companies, and Frankfurt, as well as being a major global financial center has
the benefit of being located in the Eurozone. This is one of many
initiatives we are taking to increase market awareness for our Company and
value for our investors. Several potential European investors have suggested
that a
Frankfurt listing will make it easier for them to invest in our Company."
About Victory Energy Corporation:
Victory Energy Corporation (http://www.victoryenergyoilandgas.com) is a
publicly traded, developmental stage petroleum company primarily dedicated to
energy-related opportunities. The Company goal is to evaluate profitable
options,
develop a solid foundation through leadership and sound business acumen, and
acquire producing wells as well as other potentially profitable prospects within
the
Oil & Gas Industry. Certain statements contained herein are "forward-looking"
statements (as such term is defined in the Private Securities Litigation
Reform Act of 1995). Because such statements include risks and uncertainties,
actual
results may differ materially from those expressed or implied by such
forward-looking statements. Factors that could cause actual results to differ
materially from those expressed or implied by such forward-looking
statements include, but are not limited to, those discussed in filings made
by the Company with the Securities and Exchange Commission. The Company's
filings may be accessed at the SEC's EDGAR system at www.sec.gov. Statements
made herein are as of the date of this press release and should not be
relied upon as of any subsequent date. The Company cautions readers not to
place reliance on such statements.
For information, please contact:
Corporate Communications
1-702-989-9735 |
