SCOTTSDALE, Ariz., Sept. 25, 2012 /PRNewswire/ -- AER Energy Resources, Inc. (OTC PK: AERN) is pleased to announce today that AERN's legal team has completed successful negotiations with DTCC and as of August 15, 2012, and posted on August 22, 2012, the DTCC's "Administrative Chill" on clearing AERN stock Certs was removed.
"The re-instatement of the DTC depository services is an instrumental and enormous accomplishment for AER Energy Resources, Inc. and its subsidiaries. This difficult but rewarding journey has produced and clearly demonstrates the resiliency and persistence of AERN management and its legal counsel," stated Ms. Jackson, AER Energy Resources Chairman.
ABOUT AER ENERGY RESOURCES, INC.
AER Energy Resources, Inc. (www.aerenergyresources.com) is a diversified holding company with an emphasis on oil and gas exploration, drilling, well completion and fuel distribution.
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This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words or phrases "would be," "would allow," "intends to", "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
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