The Merits for Company Going Public, the Advantages and Disadvantages for Tundra Oil & Exploration

WINNIPEG, Manitoba - June 5, 2018 - PRLog -- That was the position that Tundra OE has been in during the run-up to making the decision to pursue becoming a listed company, before, during and after the recent takeover.

Making the transition from private to a public company is no small step. One of the most fundamental changes is the requirement for added disclosure for investors. All public companies are regulated by the Securities Exchange Act of 1934, this is in regards to periodic financial reporting, as a stipulation that as a private company we do not currently have to adhere to.

Furthermore, there is additional work with the numerous other regulations and rules that we will fall under by the end of the year. However, this is a step that we are confident in, with the benefits far outweighing the monotony of regulatory aspects of such a move.

Due to the size of our organisation, the literal costs that are associated with complying with the regulatory requirements do not pose an issue. This is the first time that Tundra Oil & Exploration has been involved in a listing and yes on paper it is easy to become dazzled by the glitz of the whole pomp and circumstance.

The reality is far removed. It is a lot of work, getting things in order and ensuring that all of Tundra OE's ducks are in line. We are glad to confirm to you all that no stone has gone unturned and we are set for years to come.

With the advent of the Sarbanes Oxley Act of 2002 (SOX), an act designed to protect investors from the possibility of fraudulent accounting activities by corporations comes with some very labour intensive reporting requirements which include the generation of financial reporting documents, audit fees, investor relation departments, and accounting oversight committees. With all this in mind and the protection that is in place for our current investors/ future investors the last 2 years of hard work has been worthwhile.

We are pleased to confirm that we will be conducting a dual listing during September of this year on the Toronto Stock Exchange (TSX) as well as the DAX (Deutscher Aktienindex – The German Stock Exchange). This is a reflection of the confidence that we have in our company and the potential that will be released with the additional capital these listings will bring to the table.

Moving forward the team at Tundra OE are relishing the added pressure to perform that the market and the investors will bring to our doorstep. Moving out of 2018 into 2019 and beyond we will be focused on one thing and one thing only, long-term growth.

We are very happy to make this dramatic announcement public and look forward to keeping all those involved of the other relevant information in the interim as this situation gathers pace.

http://www.tundraoe.com/