Toreador Resources Corporation says that the French Autorité des Marchés Financiers approved on December 13, 2010 the Company's prospectus for admission of its common stock to listing and trading on the Professional Segment of NYSE Euronext in Paris (Euronext).
Toreador's common stock will continue to trade on the NASDAQ Global Market under the ticker symbol "TRGL," and Toreador's common stock will begin trading on Euronext in Paris under the ticker symbol "TOR" on December 17, 2010, and trading will be conducted in Euros. The secondary listing announced today will not alter Toreador's share count or capital structure.
Craig McKenzie, President and CEO of Toreador, said, "Through a cross-listing on the Euronext and NASDAQ exchanges, we are offering European investors increased accessibility to Toreador while improving the liquidity of Toreador's shares. Having moved our headquarters from Dallas, Texas to Paris, France in June 2009 and successfully restructuring our portfolio to focus on the Paris Basin shale oil, this secondary listing is the next logical step in our effort to create a European-focused E&P company. "
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Toreador Resources Corporation
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