RNS Number : 4424L
Westmount Energy Limited
08 November 2024
 

8th November 2024

WESTMOUNT ENERGY LIMITED

("Westmount" or the "Company")

 

Westmount Energy Limited (UK AIM: WTE.L, USA OTCQB: WMELF), the AIM-quoted oil and gas investing company focussed on high impact drilling outcomes in emerging basins, announces that its ordinary shares of no par value ("Ordinary Shares") will no longer be available for cross-trading via the OTCQB® Venture Market ("OTCQB Market") effective from the opening of the markets on 2nd December, 2024. The Company has decided to voluntarily withdraw from the OTCQB Market cross-trading facility, at this point in time, as a cost reduction measure.  

Westmount's Ordinary Shares may continue to be eligible for quotation on the Pink tier of the trading platform that is operated by the OTC Markets Group Inc. in New York, if market makers commit to making a market in the Company's shares. However, the Company can provide no assurance that trading in its Ordinary Shares will continue on the OTC Pink Market. For quotes or additional information on the OTC Pink market, please visit http://www.otcmarkets.com.

Westmount's Ordinary Shares will continue to trade on the AIM market of the London Stock Exchange with the ticker symbol "WTE.L".


For further information, please contact:

 

Westmount Energy Limited                            www.westmountenergy.com

David King, Director                                          Tel: +44 (0) 1534 823000
                                                                          email:
westmountenergy@stonehagefleming.com

 

 

 

Cavendish Capital Markets Limited (Nomad and Broker)           Tel: +44 (0) 20 7397 8900

Neil McDonald/Peter Lynch (Corporate Finance)

 

 

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 or visit 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.
 
END
 
 
MSCDBBDBUDGDGSR