Northland Announces Receipt of TSX Notice

Northland Resources SA (TSX:NAU, OSLO:NAUR, FRANKFURT:NPK), iron ore concentrate producer, announced that it has received notice from the Toronto Stock Exchange, which states that TSX will de-list the company’s common shares effective March 18th, 2013 if it fails to meet the TSX requirements.

As quoted in the press release:

The Continued Listings Committee of TSX has determined that the Company has failed to meet the continued listing requirements of the TSX, following the Company’s decision to enter into corporate reconstruction for its three Swedish subsidiaries. The Company is currently working to obtain the adequate working capital and appropriate capital structure to secure its long-term operations.

Click here to read the full Northland Resources SA (TSX:NAU, OSLO:NAUR, FRANKFURT:NPK) press release.

Get the Latest Iron Investing Stock Information

Get the latest information about companies associated with Iron Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

“Do You Want To Know which Base Metal to Invest in 2017?”

Find out everything an investor needs to know about base metals with our all-in-one FREE market report on base metals investments.   Get My Free Report

Leave a Reply