The Conversation (0)
Yellowhead Mining (TSX: YMI) reported today that that the Toronto Stock Exchange is reviewing the common shares of the company. According to the press release: [The review is] with respect to meeting the continued listing requirement of incurring a minimum of $350,000 in expenditures on its mineral projects during the past year. The Company has …
Yellowhead Mining (TSX: YMI) reported today that that the Toronto Stock Exchange is reviewing the common shares of the company.
According to the press release:
[The review is] with respect to meeting the continued listing requirement of incurring a minimum of $350,000 in expenditures on its mineral projects during the past year.
The Company has been granted 120 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process, or its common shares will be delisted from the TSX.
At the present time, the Board of Directors of the Company intends to keep Harper Creek on care and maintenance for the foreseeable future, including through the balance of 2016, until such time as more favorable commodity and capital markets exist that would permit the development of Harper Creek to continue.