CGX begins trading on Frankfurt Stock Exchange
By Oscar P. Clarke
Stabroek News
April 27, 2002
CGX Energy Inc., the Canadian-based oil and gas exploration company, says that its common shares are now included in the regulated unofficial market on the Frankfurt Stock Exchange in Germany.
The shares, a company press release said, are being traded on Xetra, the Deutsche Borse AG electronic trading system, under the stock symbol "GXC".
CGX which was ejected by the Surinamese navy from a drill site in Guyana's waters in June 2000 is actively looking at other international opportunities, the release said.
CGX has a 100% interest in a 3.8 million acre (15,464 sq km) concession offshore Guyana and recently bought into another.
The company is financed internationally and has over 5,000 shareholders worldwide, the release added.