VANCOUVER, BC, Jan. 13,
2023 /CNW/ - MCF Energy Ltd. (TSXV: MCF)
("MCF Energy" or the "Company") is pleased to
announce the listing of its common shares on the Frankfurt Stock
Exchange ("FSE") under the trading symbol "DC6" (ISIN:
CA55401M1005 | WKN: A3D3E7). The Company's shares are now cross
listed on the TSX Venture Exchange and the FSE.
"Frankfurt Stock Exchange is one of the world's leading
exchanges and Germany's most
active. This listing is a natural fit for MCF Energy given our
focus on large-scale natural gas exploration for Europe's energy security," commented
James Hill, CEO and Director of the
Company.
In connection with its German listing, MCF Energy has retained
MMG Market Medium GmbH & Co. ("MMG") to facilitate
greater awareness of the Company's business within German speaking
markets. MMG has been retained for a six month term with an option
to extend and will be paid a monthly fee of fifteen percent of the
Company's pre-approved advertising spend. Additionally, the Company
has retained Spotlight Media Corp. ("Spotlight") for a
six-month term at a fixed rate of three
thousand US dollars per month plus reimbursement of
pre-approved expenses. Services to be provided by MMG and Spotlight
are anticipated to include investor relations activities under the
policies of the TSX Venture Exchange and applicable securities
laws.
For corporate updates, please register to our mailing list at
www.MCFEnergy.com and follow us at www.Twitter.com/MCFEnergy.
Additional information about the Company is available at
www.sedar.com under the Company's profile.
About MCF Energy
MCF Energy believes the answer to Europe's energy security is right beneath the
surface. The Company's goal is to find new natural gas discoveries
in Europe and create wealth for
its stakeholders. MCF Energy has secured interests in two
significant natural gas exploration projects in Austria and Germany and is evaluating additional
opportunities. The Company's leaders have extensive experience in
the European energy sector and are working to develop a cleaner,
cheaper, and more secure natural gas industry as a transition to
renewable energy sources.
Cautionary Statements:
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE
EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS RELEASE.
Forward-Looking Information
Except for the statements of historical fact, this news
release contains "forward-looking information" within the meaning
of the applicable Canadian securities legislation that is based on
expectations, estimates and projections as at the date of this news
release. The information in this news release about the completion
of the proposed transaction and financing described herein, and
other forward-looking information includes but is not limited to
information concerning the intentions, plans and future actions of
the parties to the transactions described herein and the terms of
such transaction. Factors that could cause actual results to differ
materially from those described in such forward-looking information
include, but are not limited to, risks related to the Company's
inability to perform the proposed transactions.
The forward-looking information in this news release reflects
the current expectations, assumptions and/or beliefs of the Company
based on information currently available to the Company. In
connection with the forward-looking information contained in this
news release, the Company has made assumptions about the Company's
ability to complete the planned transaction and activities. The
Company has also assumed that no significant events will occur
outside of the Company's normal course of business. Although the
Company believes that the assumptions inherent in the
forward-looking information are reasonable, forward-looking
information is not a guarantee of future performance and
accordingly undue reliance should not be put on such information
due to the inherent uncertainty therein.
Any forward-looking information speaks only as of the date on
which it is made and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to
update any forward-looking information, whether as a result of new
information, future events or results or otherwise.
SOURCE MCF Energy Ltd.