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| Name Change Highlights Focus on New Cancer Therapeutics |
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 Hot Stock to Watch |
Company: Oncolix, Inc. (Pink Sheets: AEPP)
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Last:
Price: 0.0584
Change (%): + 0.00 (0.00)
Volume: 0 |
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Oncolix, Inc. is the New Name of Advanced Environmental Petroleum Producers to Reflect Company’s Focus as a Clinical-Stage Oncology Biopharmaceutical Company
HOUSTON, Oct. 03, 2017 (GLOBE NEWSWIRE) - (AEPP) Advanced Environmental Petroleum Producers Inc. announced that it has changed its name to Oncolix, Inc., to reflect its focus on developing new cancer therapeutics. The Company will now promptly file a request with the Financial Industry Regulatory Authority (FINRA) to change its stock symbol to be consistent with the new name.
The name change was approved by written consent of the holders of the majority of the voting securities of the Company on August 21, 2017. Furthermore, an information statement pursuant to Regulation 14C of the Securities Exchange Act of 1934, was mailed on September 6, 2017, to holders of record of the Company’s common and preferred stock as of August 21, 2017. The shareholder action became effective on September 27, 2017. The Company then filed an Amendment to its Articles of Incorporation with the Secretary of State of Florida on September 28, 2017.
“This name change reflects our current operating business, which is a drug development company,” stated Michael T. Redman, CEO of Oncolix. “This, along with our forthcoming request for a stock symbol change and other activities that we are engaged in, is part of our ultimate objective of becoming a Nasdaq-listed emerging biopharmaceutical company.”
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