2008-0401 - New Listing - Stream Oil & Gas Ltd. (STRM)
April 8, 2008
Pursuant to a review of a fundamental change in the business of L.G.R. Resources (MHPT), the common shares have re-qualified for listing and will resume trading on Wednesday, April 9, 2008. L.G.R. Resources entered into a Share Exchange Agreement with Stream Oil & Gas Ltd. to acquire all the issued and outstanding shares of Stream on a one for one basis for a total of 33.2 million shares. Prior to the acquisition of Stream, L.G.R. effected the cancellation of 15 million shares and consolidated the remaining issued capital on a four old shares for one new share basis. Therefore, the company will begin trading under the name Stream Oil & Gas with a new symbol and CUSIP. Stream has approximately 38.7 million common shares outstanding with a public float of approximately 12.7 million shares.
Stream Oil & Gas is primarily in the business of oil and gas development and production. The Company will continue to explore, develop and produce the resource properties and interests held by Stream, including the oil and gas fields in Albania consisting of Ballsh-Hekal Field, Cakran-Mollaj Field, Gorisht-Kocul Field and Delvina Field. The Company will assess future plans for L.G.R.�s Jack Property.
Listing and disclosure documents for Stream will be available in the CNQ Listings Disclosure Hall
Trading Date: Wednesday, April 9, 2008
CUSIP: 86323Y 10 4
Applications are being accepted for Market Makers for "STRM". If you have any questions or require further information please contact Radhika Ramkarran at (416) 572-2000 X 2435 or E-mail: firstname.lastname@example.org