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EnerJex Applies To List On NYSE

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June 3, 2014

EnerJex Resources Inc. (OTCQB: ENRJ) was cleared to submit a listing application to the New York Stock Exchange, the company said June 2.

The company's ability to list rests on its ability to maintain a minimum market price, EnerJex added, noting that there are also other conditions.

To meet the minimum market price, EnerJex's board of directors approved a one-for-15 reverse stock split, the company noted.

In the meantime, EnerJex's shares will continue trading on the OTC under the symbol "ENRJD," which indicates the stock split, the company said. A ...

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