The Company announces it is now trading on the OTC
market's highest tier, OTCQX International, under the
symbol SMBZF.The OTCQX, operated by OTC Markets Group
Inc. (OTCQX: OTCM), is a financial informationtechnology
services company that operates the leading electronic
quotationtrading system in the U.S. OTC securities
market.
"We are pleased we are now able to provide
currentpotential U.S. investors a better quality platform
to access our Company's securities," states
Robert Dinning, President & CEO of Simba
Energy."…the American investing public is becoming
keenly aware of the importance of the securestrategic
supply of petroleum resourcesopportunities in Africa.In
response, while we continue advancing our portfolio of
such assets we feel that this listing is an important
step in exposingpresenting our company to the U.S.
market."
Investors can now find current financial
disclosureReal-Time Level 2 quotes for the company on
.Soloway Group, PC will serve as Simba Energy's
principal American liaison on OTCQX, responsible for
providing guidance on OTCQX requirements.
Additionally, the Company is also pleased to announce the
appointment of Mr. Hassan Hassan to the Board of
Directors.Mr. Hassan is currently Managing Director -
Operations for the Company overseeing the
acquisitiondevelopment of energy resource assets in
various countries throughout Africathe Middle East.Mr.
Hassan has spent the past 20 years as a consultantadvisor
to numerous publicprivate companies for international
business developmentacquisitions in the resourcehi-tech
sectors.During the past 8 years Mr. Hassan has focused on
mineral resource opportunities in West Aftrican
countriesdeveloped strong relationshipsaffiliations
within numerous governmentsenergy sector.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the
world's largest electronic marketplace for
broker-dealers to trade unlisted stocks.The OTC Link
platform supports an open network of competing
broker-dealers that provide investors with the best
prices in over 10,000 OTC securities.In 2010, securities
on OTC Link traded over $144 billion in dollar volume,
making it the third largest U.S. equity trading venue
after NASDAQthe New York Stock Exchange.The wide spectrum
of OTC-traded companies are categorized into three tiers
so investors can identify the levelquality of information
companies provide:
• OTCQX (the quality-controlled marketplace
for investor friendly companies);
• OTCQB (the U.S. reporting company
marketplace for development stage companies), and;
• OTC Pink (the speculative trading
marketplace)
To learn more about how OTC Markets Group makes the
unlisted markets more transparent, informed,efficient,
visit www.otcmarkets.com .
"The OTCQX platform supports a transparent
marketplace with high-quality issuers, financial
information disclosureefficient trading for U.S.
investors… we are pleased to welcome Simba Energy to
OTCQX.", remarked R. Cromwell Coulson,
presidentchief executive officer of OTC Markets
Group.
About Simba Energy Inc.
Simba Energy is a Vancouver, B.C. based oilgas
exploration company focusing on underexplored overlooked
basins in its pursuit of hydrocarbon opportunities in
Africa (currently Liberia, Mali, Ghana, Guinea,
Kenyaothers).This region has shown increased promise for
development of new hydrocarbon deposits.The Company's
Senior Management Team aims to leverage their
expertiseaffiliations to pursue, securedevelop strategic
assets that demonstrate high potential for drillingor
production operations;to do so in a manner of best
practicesto the betterment of those communities where we
work.
ON BEHALF OF THE BOARD
"Robert Dinning", President & CEO
This e-mail address is being protected from spambots. You
need JavaScript enabled to view it , or Mark Sommer, Toll
Free: 1-855-777-4622.
We seek safe harbour.
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