Cubic Energy, Inc got AMEX Listing Approvaladmin
August 1, 2008 Filed Under: Oil and Gas
Cubic Energy, Inc has recently told the press that the company’s common shares have been approved for listing on the American Stock Exchange (“AMEX”) and are expected to commence trading at the opening of the market on Monday, August 4, 2008. Cubic will trade on AMEX under the symbol “QBC”. This approval is contingent upon Cubic being in compliance with all applicable listing standards on the date it begins trading on the AMEX, and may be rescinded if Cubic is not in compliance with such standards. Concurrent with its first trade on AMEX, Cubic will no longer be quoted on the OTC Bulletin Board.
“This is an incredible milestone for Cubic and its shareholders. With the ability to list on AMEX, Cubic is able to reach both United States and Global investors,” stated Calvin Wallen III, President-CEO of Cubic Energy, Inc.
The American Stock Exchange (“AMEX”) offers trading across a full range of equities, options and exchange traded funds (“ETFs”), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the AMEX is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the AMEX lists 406 to date. The AMEX is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.
Cubic Energy, Inc. is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas. The Company’s oil and gas assets and activity are concentrated primarily in Texas and Louisiana.
Cubic Energy, Inc. Investor Relations Donna Luedtke (972) 686-0369 email@example.com
Source: Cubic Energy, Inc.