Green Dragon Gas has confirm that the company's name change to G3 Exploration Limited took effect today and it now trades under the new ticker G3E on the London Stock Exchange. The name change and rebranding to G3 Exploration Limited was approved by shareholders at the company's annual general meeting on 20 Dec in order to realign the company with its focus towards exploration and development.
Green Dragon Gas founder and chairman Randeep S. Grewal said: 'As we close one chapter to make room for new opportunities that are in the best interest of our shareholders, we would like to thank our shareholders for their continued support over the years.
'With our focus towards the development of G3 Exploration's remaining vast acreage combined with exploration opportunities in new geographies and the Hong Kong listing, we are confident that the true value of our asset base will be realised.'
At 8:13am: (LON:G3E) share price was +62.5p at 62.5p