Lux Energy Corp Capital Re-Organization Pending
2009年11月11日 - 6:00AM
PRニュース・ワイアー (英語)
LUXE: OTC-BB CALGARY, Nov. 10 /PRNewswire-FirstCall/ -- Shane
Broesky, President and CEO has confirmed that the Company will make
application to the regulatory agencies whereby the capital stock of
the company will be forward split on a 3 for 1 basis. Upon legal
and regulatory approvals, the issued and outstanding shares of Lux
Energy Corp will increase from 25,250,000 to 75,750,000. President
Broesky advises that the directors are of the opinion that the
increased share capacity gives the Company the needed flexibility
and structure to attract favorable equity financing opportunities.
Lux Energy Corp. has to date attracted private funds for its oil
and gas endeavors in Oklahoma and West Central Alberta. The Company
has been fortunate to have established a significant footprint in
West Central Alberta with 3 successful well ventures. The President
stated that the revised capital stock structure will greatly
facilitate our ability to go out and raise equity financing in
order for us to pursue what we consider to be outstanding
opportunities in various petroleum arenas. A copy of the filed
information can be found for viewing by electronic means by viewing
the Company's filings on http://www.sec.gov/. Lux Energy
Corporation Lux Energy is an oil and gas production and exploration
company focusing on developing oil and gas resources in North
America. Forward-Looking Statements Except for the historical
information contained herein, the matters discussed in this press
release are forward-looking statements. Actual results may differ
materially from those described in forward-looking statements and
are subject to risks and uncertainties. See Lux Energy's filings
with the Securities and Exchange Commission which identify specific
factors that may cause actual results or events to differ
materially from those described in the forward-looking statements.
DATASOURCE: LUX Energy Corporation CONTACT: please visit
http://www.luxenergycorp.com/ or contact Shane Broesky at:
Corporate Office, Suite 510 - 640, 8th Ave S.W., Calgary, Alberta,
T2P 1G7, Canada, (403) 775-1730,
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