AMM.com Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5


Tiger Resources delists from TSX

Keywords: Tags  Tiger Resources, Toronto Stock Exchange, delisting, copper, cobalt, Felix Njini


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 Tiger’s shares on the TSX over a sustained period of time and the low and declining level of ownership of Tiger shares—just over 1 percent presently—on 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 company’s 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.

 


Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.



Latest Pricing Trends