Orsu Metals Notice for Transfer from Tier 2 to NEX
ACCESSWIRE
17 Mar 2023, 02:19 GMT+10
VANCOUVER, BC / ACCESSWIRE / March 16, 2023 / Orsu Metals Corporation (TSX-V:OSU) ('Orsu' or the 'Company') provides a corporate update. On November 30, 2022, the Company reported that following the disposition of its sole mineral project (as announced on November 14, 2022) the TSX Venture Exchange (the 'Exchange') determined that the Company did not meet the continued listing requirements for a Tier 2 listed company, and therefore the Company was on notice ending March 1, 2023 (the 'Notice Period') from the Exchange that its listing may be transferred to NEX if the Company does not meet Tier 2 continued listing requirements prior to the expiry of the Notice Period.
NEX is a separate board of the Exchange, and it provides a trading platform for listed companies that have fallen below the Exchange's ongoing listing standards.
The Company's discussions and evaluation of a number of potential acquisitions combined with a concurrent equity financing with an aim to move the Company forward have not met with success. The Exchange will issue a bulletin to transfer the Company to NEX, effective, March 20, 2023.
ON BEHALF OF THE BOARD
Sergey Kurzin,
Interim Managing Director
For further information, please contact:
Sergey Kurzin, at 1-604-536-2711 or email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Orsu Metals Corporation
View source version on accesswire.com:
https://www.accesswire.com/744222/Orsu-Metals-Notice-for-Transfer-from-Tier-2-to-NEX
Subscribe and Follow
Get a daily dose of Pennsylvania Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Pennsylvania Sun.
More Information
57
℉
Newly signed Wyoming law outlaws use of abortion pill
CHEYENNE, Wyoming: A Wyoming bill outlawing the use or prescription of medication abortion pills, which was passed by the state's ...
US, states using cloud seeding to generate rain in west
DENVER, Colorado: The Southern Nevada Water Authority has voted to accept a $2.4 million grant from the US Bureau of ...
Wet winter ends three year California drought
WASHINGTON D.C.: The US government has reported that the exceptionally wet winter in California this year will offer relief from ...
German police crackdown on gangs blowing up ATMs in robberies
FRANKFURT, GERMANY: Authorities said that as part of a crackdown on gangs suspected of blowing up ATM machines and stealing ...
German visitor to talk computer chips in Taiwan
BERLIN, Germany: Germany will send a cabinet minister to visit Taiwan next week, at a time when Berlin is reviewing ...
UBS to buy Credit Suisse for fraction of its value, Swiss government to underwrite losses
ZURICH, Switzerland - Depositors will be fully protected, shareholders will have their equity dwarfed, while bond holders will be largely ...
Techs jump in widespread U.S. stock markets advance
NEW YORK, New York - Wall Street continued its advance on Tuesday as investors continued to weigh up the health ...
US says citizens not to buy meds in Mexico, many contain fentanyl
WASHINGTON D.C.: The US State Department has issued a travel warning regarding dangerous fake pills sold at pharmacies in Mexico, ...
Mercedes modernizing EV plants in China, Germany, Hungary,
FRANKFURT, Germany: The German Automobilwoche magazine has reported that as part of its efforts to switch to selling electric vehicles ...
Banks rebound lifting U.S. stock markets, Nasdaq gains 45 points
NEW YORK, New York - U.S. stocks rallied on Monday following the weekend buy-in of Credit Suisse by UBS, which ...
US loans $300 billion to banks following closing of SVB bank
WASHINGTON D.C.: The US Federal Reserve Bank has announced that cash-strapped banks throughout the US borrowed some $300 billion during ...
Deloitte agrees to pay $31 mln fine to China after mistakes in audit
BEIJING, China: Following the inability of China Huarong Asset Management Co Ltd to release financial reporting obligations in 2020, China ...
