TORONTO
,
Nov. 25
/CNW/ -
Fletcher Nickel
Inc (TSX: FL) has made application for the continuation of its share listing on the TSX Venture Exchange. As notified in a Bulletin published by the
Toronto
Stock Exchange earlier today, the TSX share listing will be continued until
December 30, 2009
to facilitate the transfer.
The Company expects there will be no interruption in the trading of its shares on a listed market, as a result of the value of its outstanding shares having failed to meet the TSX minimum of
$3 million
over a recent extended period.
The Texmont Mine property, which qualified the Company for listing on TSX upon its initial public offering of securities in
November 2007
, continues to be the principal asset of
Fletcher Nickel
Inc. although its value has been depressed by the low nickel prices prevailing for the last many months.
%SEDAR: 00025268E
For further information: For further information: Bruce Hodgman, Communications Director, Direct: (416) 642-3575 (ext: 103), [email protected]
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