WINDHOEK, Namibia Junior miner Tiger Resources Ltd., which owns the Kipoi copper and cobalt project in the Democratic Republic of the Congo, has voluntarily delisted its shares from the Toronto Stock Exchange (TSX).
"The decision to delist has been made due to the limited trading volume of Tigers shares on the TSX over a sustained period of time and the low and declining level of ownership of Tiger sharesjust over 1 percent presentlyon the Canadian register," the West Perth, Australia-based company said. "As such, the regulatory and other costs of maintaining the TSX listing can no longer be justified."
The companys shares will not be traded on the exchange after the close of trading April 30.
A version of this article was first published by AMM sister publication Metal Bulletin.