At the Special Meeting of shareholders on 31 December in Vancouver, the new name and trading symbol for the Toronto Stock Exchange Venture Exchange (TSXV) and the Wellington-based New Zealand Stock Exchange (NZSX) was adopted.
The company's shares will begin trading on the TSXV on 2nd January and on the NZSX on 5th January under the common symbol APX. They remain trading on the OTCBB.
Chairman David Newman said "We are delighted to see the New Year in, with a well funded company, trading on prestigious stock exchanges in both hemispheres, which will enhance liquidity for shareholders and raise the profile of our company. We expect an eventful year with an active drilling program."
The shares and warrants to be issued under the New Zealand public offer will be allotted on 5 January 2004 and quoted on NZSX from that date (symbol APX).
The company will also close the Share Exchange Agreements it executed in November 2003, by issuing approximately 1.1 million shares and half-warrants to those New Zealand investors who invested in the company's New Zealand subsidiary in June 2003.
New contact details for the company are, Web site: http://www.Austral-Pacific.com Email: ir@austral-pacific.com
