Mart Resources says that it expects to have its shares listed on the Alternative Investment Market (AIM)of the London Stock Exchange within eight weeks. This listing is extremely important to the Company and its shareholders as it will expose Mart to a great number of institutional and individual investors who closely follow oil and gas related activities along the West Coast of Africa. In particular, these investors have shown strong support for smaller public companies involved in oil exploration and development programs in that area.
Concurrent with the AIM listing, Mart is planning to complete
a financing to support its expanding, multi-faceted development
of proven oil fields located in the Niger Delta Region of Nigeria.