Business News • MarketWire • Matrix Applies for Voluntary Delisting from the TSX and is Seeking Alternative Listing Arrangements |
Matrix Applies for Voluntary Delisting from the TSX and is Seeking Alternative Listing Arrangements |
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Matrix Applies for Voluntary Delisting from the TSX and is Seeking Alternative Listing Arrangements
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 3, 2013) - Matrix Asset Management Inc. (TSX:MTA) (the "Company" or "Matrix") previously reported that the Toronto Stock Exchange ("TSX") is reviewing the eligibility of the Common shares of the Company with respect to continued listing on the TSX.
Matrix announced today that it believes it does not meet the TSX requirements for continued listing. Accordingly, Matrix intends to apply for alternative listing arrangements and voluntarily delist from the TSX. Matrix will seek to avoid or minimize any time gap between the TSX delisting and obtaining an alternative listing. There can be no assurance that an alternative listing will be achieved.
View More : http://www.marketwired.com/mw/release.do?id=1858785&sourceType=3
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