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The purpose of this document is not to solicit the purchase or sale of shares (instruments financiers) and this document shall in no way constitute a subscription offer.
An investment in the company may entail significant risks.
The past performance of the company does not predict future results. Investors must make their decision to invest without referring to this publication. Only investors with sufficient knowledge and experience of financial mechanisms and of the activity allowing to measure inherent risks and opportunities of investment should consider it.
It is the responsibility of investors to check that the investment in the company complies with their relevant jurisdiction.
Velcan is listed Euronext Paris - Alternext (ALVEL-FR0010245803). The Company never performed any Public Offer as understood under Directive 2003/71/CE of the European Parliament and Council.
VELCAN ENERGY was directly listed on the "MarchÃ© Libre" (French over the counter market - OTC).
Since its listing on the "MarchÃ© Libre" (French OTC market), VELCAN ENERGY has completed four share capital increase, on 21 October 2005, 10 May 2006, 25 September 2007 and 24 October 2007, through private placement which were opened solely to qualified investors.*
VELCAN ENERGY was then transferred to the continuous trading market on NYSE-Alternext on 14th March 2011..
** according to articles L 411-2, II-4Â° and D 411-1 of the Monetary and financial Code
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