Cano Petroleum Receives AMEX Listing Approval
Cano Petroleum has received approval from the American Stock Exchange to list its common stock for trading. Assuming completion of final filings and fees, Cano will begin trading on the Amex under the symbol CFW within the next two weeks.
"The American Stock Exchange listing will provide greater visibility and liquidity for Cano's shares, and qualify the stock for purchase with a wider range of institutional and individual investors," said Jeff Johnson, chairman and chief executive officer of Cano. "The listing is an important step in our capitalization structure to fund our growth and acquisition plans. We are pleased to create additional exposure for our company in the U.S. and European investment community."
Cano has retained Cohen Specialists, L.L.C., as specialists in trading CFW shares.
Trading approval from Amex is contingent upon the Company being in
compliance with all applicable listing standards on the date it begins trading
on the Exchange, and may be rescinded if the Company is not in compliance with