Stockholm, June 8, 2018 — Nasdaq (Nasdaq: NDAQ) announces that International Petroleum Corporation (short name: IPCO), a mid cap company within the oil and gas sector, today will start trading of its shares on the main market of Nasdaq Stockholm. International Petroleum Corporation (“IPC”) was previously listed on Nasdaq First North and is the 36th company to list on Nasdaq’s Nordic markets* in 2018.
IPC is an international oil and gas exploration and production company with a portfolio of assets located in Canada, Malaysia and Europe. The company’s strategy is to grow both organically and to acquire additional reserves and resources in the production and/or development stage. IPC was established in 2017 and is a member of the Lundin Group of companies. For more information, please visit www.international-petroleum.com.
“We are very pleased to start our listing on Nasdaq Stockholm today,” said Mike Nicholson, CEO of IPC. “This will complement our current listing on the main market Toronto Stock Exchange and will facilitate trading and increased liquidity for the substantial investor base that IPC has in Europe.”
“We are excited to welcome IPC to the Nasdaq Stockholm main market,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “We continue to see a number of companies mature and switch from Nasdaq First North to our main market, and we look forward to stand by IPC on its continued growth journey.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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