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Camber Energy: Energy Unveils NYSE American Communication | MarketScreener

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Camber Energy reveals communication from NYSE American

HOUSTON, TX / ACCESSWIRE / January 6, 2022 / Camber Energy, Inc. (NYSE American: CEI) (“Camber” or the “Company”, announced that it received on January 4, 2022 a letter from NYSE American (the “Exchange”) in which the Exchange informed the Company of is not in compliance with the continuous listing standards set out in section 704 of the NYSE American Company as the Company did not hold an annual meeting for the fiscal year ended December 31, 2020 before December 31, 2021. The Company intends to remedy this failure by scheduling a shareholder annual within a reasonable period of time following the date on which the Company files the following reports: (i) Form 10-K for the 9-month transition period ended 31 December 2020; (ii) Form 10-Q for the period ended March 31, 2021; (iii) Form 10-Q for the period ended June 30, 2021 and (iv) Form 10-Q for the period ended September 30, 2021.

Receipt of the letter has no immediate effect on the listing of the Company’s shares on the Stock Exchange, except that until the Company complies with the stock exchange listing standards, a “BC” indicator will be displayed. affixed to the Company’s trade symbol. SEC business operations and reporting requirements are not affected by the notification, provided that if the default is not remedied, then the Company will be subject to delisting procedures from the Exchange.

About Camber Energy, Inc.

Camber Energy, Inc. is a diversified, growth-oriented energy company. Through its majority-owned subsidiary, Camber provides customized energy and electrical solutions to commercial and industrial customers in North America and holds interests in oil and gas assets in the United States. The company’s majority-owned subsidiary also holds an exclusive license in Canada for a patented carbon capture system. For more information, please visit the company’s website at www.camber.energy.

Forward-looking statements

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. All statements that are not historical facts contained in this press release are “forward-looking statements”, which statements may be identified by words such as “expects”, “plans”, “plans”, “will” , “Might”, “” anticipates “,” believes “,” should “,” intends “,” considers “and other words with similar meaning. These forward-looking statements are based on current expectations, involve known and unknown risks, reliance on third parties for information, transactions that may be void and other factors that may cause our actual results, performance or achievements, or developments in our industry. , differ materially from the anticipated results, performances or achievements expressed or implied by these forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties associated with fluctuating global economic or economic conditions relating to the oil and gas industry, the COVID-19 pandemic, the management performance, the actions of government regulators, vendors and suppliers, our cash flow and ability to obtain financing, competition, general economic conditions and other factors which are detailed in documents filed by Camber with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the safe harbor provisions.

Contact details

Investors and media:
Phone. 281.404.4387 (ext. 3)

THE SOURCE: Camber Energy, Inc.

See the source version on accesswire.com:
https://www.accesswire.com/681292/CamberEnergyDisclosesCommunicationFromNYSEAmerican

Released on January 6, 2022