Vanguard Energy Corporation Units to Separate
(firmenpresse) - HOUSTON, TX -- (Marketwire) -- 12/14/11 -- Vanguard Energy Corporation (OTCBB: VNGEU), an early stage oil drilling and production company with a focus on established oil fields in southeast Texas, will be separating its Units into its component parts as of the opening on December 19, 2011. The Units will separate into one share of Common stock to trade under the symbol (OTCBB: VNGE) and one class A Warrant to trade under the symbol (OTCBB: VNGEW). The details of the separation are as follows:
Vanguard Energy Corporation (OTCBB: VNGEU) is an early stage oil drilling and production company with a focus on established oil fields in southeast Texas. Vanguard plans to concentrate on oil properties in established areas with proven production, Vanguard's initial area of operation is in the Batson Dome Field, where it controls more than 400 leased acres. The Vanguard Energy website can be found at .
This press release and other statements Vanguard Energy Corporation may make in the future contain forward-looking statements that relate to Vanguard's plans, objectives and future estimates. Various risks, uncertainties and other factors could cause actual results to differ materially from those expressed in any forward-looking statements. For a more detailed list of such risks, uncertainties and other factors, please refer to the Risk Factor section of Vanguard's Form S-1 and in its other periodic filings with the Securities and Exchange Commission. Vanguard makes no commitment to update any forward-looking statement, or to disclose any facts, events, or circumstances after the date of this release that may affect the accuracy of any forward-looking statement, except as may be required by applicable law.
Victor P. Thompson
Investor Relations
888-751-1306
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Datum: 14.12.2011 - 14:00 Uhr
Sprache: Deutsch
News-ID 96956
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HOUSTON, TX
Kategorie:
Alternative Energy
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