SANTIAGO, Chile, June 26, 2009 (GLOBE NEWSWIRE) -- Southern Energy Company, Inc. (Pink Sheets:SOCI) (Frankfurt:8CE.F), a publicly traded resource exploration company, is pleased to announce that effective Monday, June 29, 2009, the Company will commence trading on the Frankfurt Stock Exchange in Germany under the trading symbol "8CE".
The Company is pleased to have obtained this secondary listing on the Frankfurt Stock Exchange. There is established interest and expertise in Frankfurt in mining and exploration companies, and Frankfurt, as well as being a major global financial center, has the benefit of being located in the Eurozone.
Ticker Symbol: 8CE.F
German ISIN: US8428121094.
German Cusip Number: A0M8DC
ICF Kursmakler AG, one of the leading German securities trading banks, facilitated the Frankfurt listing and will also act as the Company's market maker. In November 1997, eleven official brokers of the Frankfurt stock exchange founded ICF Kursmakler AG aiming at providing sophisticated services in the field of global securities trading as a neutral trading partner. ICF Kursmakler AG relies on a team of specialists with sound market and trading knowledge and many years of experience in supporting institutional investors. More information can be found on their website at http://www.icfag.de.
About the Frankfurt Stock Exchange (FWB)
The Frankfurt Stock Exchange (Frankfurter Wertpapierborse or FWB) is one of the world's largest trading centers for securities. Operated by the Deutsche Borse AG, FWB is the largest of the German stock exchanges. The Deutsche Borse's products and services portfolio cover the entire process chain including securities and derivatives trading, transaction settlement, the provision of market information, as well as the development and operation of electronic trading systems. For more information, visit the Deutsche Borse at: http://www.deutsche-boerse.com.
About Southern Energy Company, Inc.
Southern Energy Company, Inc. is a publicly traded resource exploration company. From 2007 to the present the company has been active in seeking out resource opportunities in North and South America to explore, develop, and produce. The Company is currently focused on the acquisition, exploration and development of coal, gold, copper and silver properties throughout South America. Currently, Southern Energy owns the Catalina Silver and Gold Property northwest of Santiago, Chile, and the two Lota Bay Coal Concessions in Lota, Chile. The Company has entered into a joint venture agreement on the Condoryacu Gold, Copper and Silver Property located in Salta Province, Argentina.
Please visit http://www.southernenergycompany.com for more information.
Forward-Looking Statements
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Southern Energy Company, Inc. please refer to its Web site at http://www.southernenergycompany.com.