VANCOUVER, May 26, 2016 - Big Sky Petroleum Corp. (TSXV: BSP) (OTC: BGKYF) ("Big Sky" or the "Company") is advising that, in accordance with TSX Venture Exchange Policy 2.5, the Company has not maintained the requirements for a Tier 2 Company.Effective as of market opened on Thursday, May 26, 2016, the Company's listing was transferred to the NEX Board ("NEX") of the TSX Venture Exchange (the "TSXV"), the Company's Tier classification changed from Tier 2 to NEX, and the Filing and Service Office changed from Vancouver to NEX.
The trading symbol for the Company was changed from BSP to BSP.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital.The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSXV. As of May 26, 2016, the Company is also subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
NEX is a separate board of the TSXV for companies previously listed on TSXV or Toronto Stock Exchange which have failed to maintain compliance with the ongoing financial listing standards of those markets. NEX has been designed to provide a forum for the trading of publicly listed shell companies while they seek and undertake transactions in furtherance of their reactivation as companies which will carry on an active business.
"Mark T. Brown" President and Chief Executive Officer
For additional information, contact Sandrine Lam at 604-687-3520 Extension 250 (sandrine@pacificopportunity.com).
Neither TSX Venture Exchange nor its 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.
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