Houston, TX, Sept. 20, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Viking Energy Group, Inc. (“Viking”) (OTCQB: VKIN) is pleased to announce that the Company has submitted its application to list its common shares on the NASDAQ Capital Market (“NASDAQ”).
The listing of Viking’s common shares on NASDAQ remains subject to the approval of NASDAQ and the satisfaction of all applicable listing and regulatory requirements, including the share-price requirements which the company does not meet at this time. Viking may seek shareholder approval for a share consolidation in order to meet the share-price requirements of NASDAQ, but nothing is definitive in this regard as at the present time.
Viking’s common shares will continue to trade on the OTCQB under the ticker symbol VKIN until NASDAQ approval and uplisting.
Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in North America. The company owns oil and gas leases in Kansas, Texas, Louisiana, Mississippi and Alberta. Viking targets under-valued assets with realistic appreciation potential.