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Block Admission

30th Mar 2007 07:02

Oilexco Inc30 March 2007 30 March 2007 Oilexco Incorporated ("Oilexco" or the "Company") Block Admission Oilexco announces that application has been made to the AIM Market of the LondonStock Exchange plc for the Block Admission of up to 19,490,000 common shares ofno par value (the "Shares") consisting of (i) 18,990,000 stock options withexercise prices ranging from Cdn$0.27 to Cdn$8.52 and (ii) 500,000 warrants withan exercise price of £3.75 per warrant which will expire on 25 February 2009. Itis expected that the Shares will be admitted on 5 April 2007. For further information, please contact: Oilexco IncorporatedArthur S. MillhollandPresident(403) 262-5441 OR Oilexco IncorporatedBrian L. WardChief Financial Officer(403) 262-5441 OR Canaccord Adams LimitedClayton BushVice-President+44 20 7050 6743 OR Canaccord Adams LimitedAdam A. JanikowskiAssociate+44 20 7050 6746 This information is provided by RNS The company news service from the London Stock Exchange

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OIL.L
FTSE 100 Latest
Value8,549.16
Change-35.85