Ann: AusTex Oil Limited to List on the TSX Ventur, page-3

re: Ann: AusTex Oil Limited to List on the TS... No as these shares are traded on the Toronto Stock Exchange. However it does create another overhead for the company so lets hope that the board is pretty confident that the daily output of oil is steadily growing from current average levels for this to be an insignificant cost. I actually see this as an alternative way to raise more money to progress with their exploration as current cash inflows will not be enough to rapidly explore and bring into production. I would say that they will be raising money over there soon as they will be able to capture a new audience (new investors and institutions) to sell there plan to, as this is a venture exchange. Our current major shareholder with 20% of this company, is in the business of finding and funding companies like this one. All in all a positive step forward.