China Shen Zhou Mining & Resources Suspended from NYSE

Base Metals Investing

China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ) has received notice regarding their failure to file its annual report on Form 10-K for the fiscal year ended December 31, 2012 from the NYSE and are currently suspended, pending corrective action.

China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ) has received notice regarding their failure to file its annual report on Form 10-K for the fiscal year ended December 31, 2012  from the NYSE and are currently suspended, pending corrective action.

As quoted in the press release:

The Company is afforded the opportunity to submit a plan of compliance to the Exchange by May 1, 2013 that demonstrates the Company’s ability to regain compliance with Sections 134 and 1101 of the Company Guide by July 16, 2013. If the Company does not submit a plan of compliance, if the plan is not accepted by the Exchange, or if the Company does not make progress consistent with the plan if it is accepted, the Company will be subject to delisting procedures as set forth in the Company Guide.

To view the whole press release, click here.

 

The Conversation (0)
×