|By Marketwired .||
|April 16, 2014 06:51 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/16/14 -- Knol Resources Corp., (the "Corporation") (TSX VENTURE:NOL) announces that due to it no longer meeting continuous listing requirements of the TSX Venture Exchange ("TSXV"), the Corporation's listing will be transferred to the NEX, a separate board of the TSXV, at the open of trading on April 17, 2014. The trading symbol for the Corporation will change from "NOL" to "NOL.H".
The Corporation anticipates that its common shares will remain listed on the NEX until such time as the Corporation completes an acquisition sufficient to meet the listing requirements of the TSXV, whereupon the Corporation intends to then apply to re-list on the TSXV. The Corporation continues to pursue and evaluate potential acquisition opportunities and will make further announcements with respect to these efforts as soon as practically possible.
About the Corporation
Knol Resources Corp. is a publicly-traded junior oil and gas company seeking investment opportunities in the oil and gas sector. Knol Resources Corp.'s shares will trade on the NEX under the symbol "NOL.H" at the open of trading on April 17, 2014.
This news release contains "forward-looking information" within the meaning of applicable securities laws. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to a future acquisition and application to re-list its common shares on the TSXV. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Corporation. Risk Factors that could cause actual results or outcomes to differ materially from the results expressed or implied by forward-looking information include, among other things: general economic conditions, market risks relating to the oil and gas industry, the uncertainties involved in interpreting exploration results and other geological data and the ability of the Corporation to obtain the funds and resources required to carry out further exploration. The Corporation cautions the reader that the above list of risk factors is not exhaustive. The forward-looking information contained in this release is made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Neither the TSX Venture Exchange nor it Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Knol Resources Corp.
President & CEO
Knol Resources Corp.