White Energy Company’s American Depository Receipt shares (ADR) trade Over-the-Counter (OTC) under the following information:
DR Benefits to U.S. Investors:
On 24 July 2008 the Company announced that its American Depositary Receipt ("ADR") program began listing on the International OTCQX effective 23 July 2008 (New York). The OTCQX listing will provide U.S. based investors with easier access to buy and sell White Energy securities and at the same time will provide White Energy with greater access to the U.S. capital markets. White Energy ADR's began trading on the International PrimeQX, under the ticker WECFY.
The International OTCQX is a listing service for international companies which are already listed on a qualified non U.S. stock exchange and is designed to provide greater access for the U.S. investor community to profile foreign companies. White Energy's ADR's will now be able to be traded electronically and will provide U.S. investors with greater trading efficiency and access to information about the Company. U.S. investment bank, Dahlman Rose, will serve as White Energy's Principal American Liaison ("PAL") on the International OTCQX, responsible for providing guidance on the company's International OTCQX, responsible for providing guidance on the company's International requirements and arranging a comprehensive suite of U.S. capital markets services.