Business NewsMarketWire • Matrix Applies for Voluntary Delisting from the TSX and Undertakes Strategic Review

Matrix Applies for Voluntary Delisting from the TSX and Undertakes Strategic Review

Matrix Applies for Voluntary Delisting from the TSX and Undertakes Strategic Review

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 25, 2014) - Matrix Asset Management Inc. (the "Company" or "Matrix") (TSX:MTA) previously reported that it does not satisfy the continued listing requirements of the Toronto Stock Exchange ("TSX"). As a result, Matrix applied on December 5, 2013 to voluntarily delist from the TSX: that delisting is expected to take effect March 28, 2014. The delisting affects only Matrix Common shares and does not affect any of the funds managed by subsidiaries of Matrix.

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Matrix Applies for Voluntary Delisting from the TSX and Undertakes Strategic Review