HALIFAX, Nov. 5, 2014 /CNW/ - Aquarius Coatings Inc. (the "Corporation" or "Aquarius") (TSX-V:AQC) announces that the Corporation's shares have been suspended from trading on the TSX Venture Exchange (the "TSXV") effective November 3, 2014, for failure to comply with Exchange Requirements.
The Corporation is immediately addressing the issues raised and will make submissions in order to respond to requirements of a Compliance Review by the TSX-V. Provided it is able to satisfy the requirements of that Compliance Review, the Company proposes to apply for reinstatement of its Listing. The Company has a period of 90 days from November 3, 2014, within which to complete its reinstatement. There can be no assurance that the Company will be able to meet the requirements of the TSX-V Compliance Review or be successful in its reinstatement application.
About the Corporation
Aquarius is a corporation existing under the laws of the Province of Ontario and is a reporting issuer in the Provinces of British Columbia, Alberta, Ontario and Nova Scotia.
Further information regarding Aquarius can be found in its public record available at www.sedar.com.
Neither 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.
The Corporation seeks Safe Harbour.
SOURCE: Aquarius Coatings Inc.
For further information: Lorne MacFarlane, CFO and Secretary, (902)-496-7594, [email protected]