TSX Listing
Oromin to start trading on TSX on Dec. 16
Oromin Explorations Ltd (2) (C:OLE)
Shares Issued 65,227,606
Last Close 12/12/2008 $0.60
Monday December 15 2008 – News Release
Mr. Chet Idziszek reports
OROMIN TO COMMENCE TRADING ON TORONTO STOCK EXCHANGE
Oromin Explorations Ltd.’s common shares will commence trading on the Toronto Stock Exchange (TSX) at market open on Tuesday, Dec. 16, 2008. The company’s stock symbol will remain OLE.
Chet Idziszek, president and chief executive officer, stated: “Attaining this listing for Oromin on Canada’s senior stock exchange marks another important milestone we’ve achieved in 2008. This will provide a higher profile, which we believe is warranted based on the extreme success we have at our Sabodala Gold Project in Senegal, West Africa. Since filing our initial resource estimate in July, aggressive drilling on several targets comprising the three gold deposits included in the resource estimate (1.4 million ounces) and the discovery of a new high grade gold deposit at Kerekounda, has continued to provide important and gratifying gold results. The company expects updates to the initial resource estimate in the first and second quarters of 2009 with the results of the prefeasibility study by the end of the third quarter.
“In addition, we are making steady progress towards drilling at least two test wells at the Santa Rosa oil and gas project in Mendoza, Argentina. This wildcat test is scheduled for the first or second quarter of 2009. Oromin and its project partners are poised for a very active and exciting series of programs throughout 2009. Again, I emphasize the higher profile for the company that its listing on the TSX will bring, and invite the investment community to become familiar with and follow our story.”
