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Yellowhead Mining (“Yellowhead” or the “Company”) (TSX: YMI) reports its results of operations for the financial year ended December 31, 2016. As quoted in the press release: During 2016, the Harper Creek Project (the “Project”) remained on care and maintenance due to conditions in the commodity markets and the international capital markets. For 2017, the …
Yellowhead Mining (“Yellowhead” or the “Company”) (TSX: YMI) reports its results of operations for the financial year ended December 31, 2016.
As quoted in the press release:
During 2016, the Harper Creek Project (the “Project”) remained on care and maintenance due to conditions in the commodity markets and the international capital markets. For 2017, the Board of Directors continues to be of the view that it is in the best interest of all shareholders to continue to defer all expenditures on the Project until such time as more favorable commodity and capital markets present themselves.
In February 2017, the Company made an application to the TSX Venture Exchange (TSX-V) to list its common shares on the TSX-V, as a result of the Company not being in compliance with the continuous listing requirements of the Toronto Stock Exchange (TSX) and the TSX notifying the Company that its common shares would be delisted from the TSX on March 10, 2017. The Company’s application for listing on the TSX-V is subject to the Company meeting all necessary requirements and conditions of the TSX-V and the TSX-V approving the application.
