Kolibri Global Energy Inc., a North American energy company, is set to start trading on Nasdaq under the ticker "KGEI" from October 11, 2023. The firm, led by CEO Wolf Regener, will maintain its listings on the Toronto Stock Exchange ("KEI") and OTCQX ("KGEIF"). The move aims to increase investor visibility, trading liquidity, and diversify its shareholder base.
The company specializes in oil, gas, and clean and sustainable energy projects. It leverages its technical and operational expertise to identify and acquire more projects, primarily in U.S. energy properties. This strategy aligns with the firm's growth objectives.
In addition to the upcoming Nasdaq listing, Kolibri Global Energy is also preparing to release operational updates following data analysis from its Barnes 7-4H and Barnes 7-5H wells. The firm's announcement includes forward-looking information about the benefits of the Nasdaq listing, expectations for well development, and potential risks.
CEO Wolf Regener stated: "We seek Safe Harbor," acknowledging the inherent risks in energy exploration and development.
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