TORONTO, Feb. 21,
2024 /CNW/ - NG Energy International
Corp. ("NGE" or the "Company") (TSXV: GASX)
(OTCQX: GASXF) is pleased to announce that it has been recognized
by the TSX Venture Exchange (the "TSXV" or "the
Exchange") as a 2023 Top 50 Company.
The 2023 TSX Venture 50 celebrates the strongest performance on
the TSXV over the last year. Composed of 10 companies from each of
five industry sectors, the ranking recognizes the strongest
performance on the Exchange based on market capitalization, share
price appreciation, and trading volume. More details on the 2023
TSX Venture 50 and a video highlighting NGE can be found at:
www.tsx.com/ Venture50.
Brian Paes-Braga, Chairman of
NGE, "We are honoured to be recognized as a Top 50 company within
the TSX Venture Exchange. I would like to thank all supporters of
our Company who contributed to this achievement in 2023 as we look
forward to the further advancement of our rapidly growing natural
gas business in 2024."
About NG Energy International
Corp.
NG Energy International Corp. is a natural gas exploration and
production company with operations in Colombia. The Company is on a mission to
discover, delineate and develop meaningful natural gas fields in
developing counties to support energy transition and economic
growth. In Colombia, the Company
is executing on this mission with a rapidly growing production base
that is being delivered to the premium priced Colombian market.
NGE's team has extensive technical expertise and a proven track
record of building companies and creating value in South America. For more information, please
visit SEDAR+ (www.sedarplus.ca) and the Company's website
(www.ngenergyintl.com).
Cautionary Statement Regarding
Forward-Looking Information
This news release contains "forward-looking information" and
"forward-looking statements" (collectively, "forward-looking
statements") within the meaning of the applicable Canadian
securities legislation. All statements, other than statements of
historical fact, are forward-looking statements and are based on
expectations, estimates and projections as at the date of this news
release, including, without limitation, the information contained
in this news release regarding the further advancement of NGE's
rapidly growing natural gas business. Any statement that involves
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions, future events or
performance (often but not always using phrases such as "expects",
or "does not expect", "is expected", "anticipates" or "does not
anticipate", "plans", "budget", "scheduled", "forecasts",
"estimates", "believes" or "intends" or variations of such words
and phrases or stating that certain actions, events or results
"may" or "could", "would", "might" or "will" be taken to occur or
be achieved) are not statements of historical fact and may be
forward-looking statements.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking statements. Factors
that could cause actual results to differ materially from those
anticipated in these forward-looking statements are described under
the caption "Risk Factors" in the Company's most recent Management
Discussion and Analysis and its Annual Information Form dated
June 30, 2023, which are available
for view on SEDAR+ at www.sedarplus.ca. These risks include but are
not limited to, the risks associated with the oil and natural gas
industry, such as exploration, production and general operational
risks, volatility of pricing for oil and natural gas, changing
investor sentiment about the oil and natural gas industry,
competition in the markets where the Company operates, any delays
in production, marketing and transportation of natural gas,
drilling costs and availability of equipment, regulatory approval
risks and environmental risks. The Company disclaims, other than as
required by law, any obligation to update any forward-looking
statements whether as a result of new information, results, future
events, circumstances, or if management's estimates or opinions
should change, or otherwise. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, the reader is
cautioned not to place undue reliance on forward-looking
statements.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Abbreviations
SOURCE NG Energy International Corp.