Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Oando Energy Resources lists on Toronto Stock Exchange

    Oando Energy Resources lists on Toronto Stock Exchange

    September 15, 2012
    Share
    Facebook Twitter LinkedIn WhatsApp

    15 September 2012, Sweetcrude, LAGOS – OANDO Plc says it has completed the reverse takeover of Oando Energy Resources Incorporated, OER, formerly known as Exile Resources Incorporated with the listing of the company’s shares on Toronto Stock Exchange, TSX.

    Following the development, Oando Group has become the only company in Nigeria with three trans-border listings – the Nigerian Stock Exchange, NSE, the Johannesburg Stock Exchange, JSE, and the TSX.

    Top executives of Oando Plc as well as directors and management of Oando Energy Resources, led by Messrs Wale Tinubu and Omamofe Boyo, Group Chief Executive Officer and Deputy Chief Executive Officer, respectively, last Wednesday rang the bell to open trading on the TSX to mark the formal listing of the company on the TSX.

    Tinubu and Boyo received the commemoration plaque and certificate of listing from the Senior Vice President of the TSX, Mr. Ungad Chadda.

    With the acquisition, OER issued 100,339,052 post-consolidated common shares to Oando, of which 75,254,289 post-consolidated common shares, representing 75 per cent of the post-consolidated common shares issued to Oando are in escrow.

    Oando Energy Resources has subsequently obtained approval from the Toronto Stock Exchange to list its common shares and warrants on the TSX under the symbol OER.

    Related News

    OPEC says world economy may do better in second half of year

    Nigeria champions sustainable financing at AU Executive Council meeting

    NNPC to list on stock exchange in 2028, says Ojulari

    E-book
    Resilience Exhibition

    Latest News

    OPEC says world economy may do better in second half of year

    July 15, 2025

    Oil eases as Trump’s 50-day deadline for Russia reduces supply fears

    July 15, 2025

    Seplat Energy highlights the increasing role of indigenous companies

    July 15, 2025

    NCDMB unveils Nigerian Content Fund Certificate, empowers 130 firms with $400m NCI Fund

    July 15, 2025

    NIMASA docks Deep Blue Vessel at Nigerdock for repairs

    July 15, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.