MBAC Extends Timeline to Delist from TSXV

Phosphate Investing

MBAC Fertilizer (TSX:MBC) has extended its scheduled delisting of shares from the Toronto Stock Exchange to June 24. As quoted in the press release: This extension is intended to allow the Company additional time to pursue the transition of the listing of its common shares to the TSX Venture Exchange (the “TSXV“) in connection with …

MBAC Fertilizer (TSX:MBC) has extended its scheduled delisting of shares from the Toronto Stock Exchange to June 24.
As quoted in the press release:

This extension is intended to allow the Company additional time to pursue the transition of the listing of its common shares to the TSX Venture Exchange (the “TSXV“) in connection with the Company’s proposed recapitalization transaction, as described in the press release of the Company dated April 5, 2016. There can be no assurance that a listing on the TSXV, or another exchange, will be obtained before MBAC is delisted from the TSX or at all.

Click here for the full press release.

The Conversation (0)
×