REG - Southern Energy Corp - OTCQX TRADING AND "CATCH THE ENERGY" CONFERENCE

Southern EnergyAnnouncement

14/10/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221014:nRSN8725Ca&default-theme=true

RNS Number : 8725C  Southern Energy Corp.  14 October 2022

SOUTHERN ENERGY CORP. ANNOUNCES COMMENCEMENT OF OTCQX TRADING AND
PARTICIPATION IN THE SCHACHTER "CATCH THE ENERGY" CONFERENCE

 

Calgary, Alberta - October 14, 2022 - Southern Energy Corp. ("Southern" or the
"Company") (TSXV:SOU) (AIM:SOUC) (OTCQX:SOUTF), a U.S.-focused,
growth-oriented natural gas producer, is pleased to announce that its common
shares of no par value in the capital of the Company ("Common Shares") are now
trading on the OTCQX® Best Market under the ticker symbol of SOUTF.
Southern's Common Shares will continue to trade on the TSX Venture Exchange
under the symbol SOU, and on the AIM market of the London Stock Exchange under
the symbol SOUC.

OTCQX Graduation

Southern graduated to OTCQX from the Pink® Open Market. Investors based in
the U.S. can find current financial disclosure and Real-Time Level 2 quotes
for the Company on www.otcmarkets.com
(https://www.newsfilecorp.com/redirect/1zN5bsLeYB) . For companies listed on a
qualified international exchange, such as the TSXV and AIM, streamlined market
standards enable them to utilize their home market reporting to make their
information available in the U.S. To qualify for OTCQX, companies must meet
high financial standards, follow best practice corporate governance and
demonstrate compliance with applicable securities laws. JWTT Inc. acted as the
Company's OTCQX sponsor.

Conference Participation

The Company is also pleased to announce that Calvin Yau, Southern's Chief
Financial Officer, will be presenting at the Schachter "Catch The Energy"
Conference at Mount Royal University in Calgary, Alberta on October 22, 2022.

Ian Atkinson, CEO and President of Southern Energy, commented:

"We are pleased to reach the milestone of trading on OTCQX, as this will make
it easier for our U.S. investors to invest in Southern as we look to unlock
shareholder value through our long-term development drilling program at
Gwinville."

 

About Southern Energy Corp.

Southern Energy Corp. is a natural gas exploration and production company.
Southern has a primary focus on acquiring and developing conventional natural
gas and light oil resources in the southeast Gulf States of Mississippi,
Louisiana, and East Texas. Our management team has a long and successful
history working together and have created significant shareholder value
through accretive acquisitions, optimization of existing oil and natural gas
fields and the utilization of re-development strategies utilizing horizontal
drilling and multi-staged fracture completion techniques.

For further information about Southern, please visit our website at
www.southernenergycorp.com (http://www.southernenergycorp.com) or contact:

 

Southern Energy Corp.

Ian Atkinson (President and CEO)
                                       +1 587 287 5401

Calvin Yau (CFO)
 
       +1 587 287 5402

 

Strand Hanson Limited - Nominated & Financial Adviser
            +44 (0) 20 7409 3494

James Spinney / James Bellman / Rob Patrick

 

Canaccord Genuity - Joint Broker
                                      +44 (0) 20 7523 8000

Henry Fitzgerald-O'Connor / Gerel Bastin

 

Hannam & Partners - Joint Broker
                                       +44 (0) 20 7907
8500

Samuel Merlin / Ernest Bell

 

Camarco
 
              +44 (0) 20 3757 4980

Owen Roberts / Billy Clegg / Hugo Liddy

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCGZMMGZFRGZZZ