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: svkurzin@orsumetals.com
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
Get a daily dose of Pittsburgh Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Pittsburgh Star.
More InformationWEST READING, Pennsylvania: An explosion occurred at a chocolate factory in Pennsylvania, killing seven people and seeing ten staff members ...
WASHINGTON D.C.: The US National Transportation Safety Board has said that after an automated cockpit warning that switched off a ...
WASHINGTON D.C.: To address summer airport congestion and low air traffic controller staffing levels, the Federal Aviation Administration (FAA) said ...
OTTAWA, Canada: After a meeting between Canadian Prime Minister Justin Trudeau and US President Joe Biden, Ottawa has pledged to ...
BENTON, Arkansas: Reuters reported that due to a reduction or elimination in evening and weekend shifts, Walmart will lay off ...
WASHINGTON D.C.: After several high-profile near collision incidents, the US Federal Aviation Administration (FAA) has issued a safety alerts to ...
WEST READING, Pennsylvania: An explosion occurred at a chocolate factory in Pennsylvania, killing seven people and seeing ten staff members ...
OTTAWA, Canada: US President Joe Biden and Canadian Prime Minister Justin Trudeau have announced a plan to close a loophole ...
UVLADE, Texas: Texas police stopped a Florida-bound freight train this week and discovered two migrants had died in a freight ...
ROLLING FORK, Mississippi: A powerful tornado has struck Mississippi, killing at least 25 people, injuring dozens, flattening entire blocks and ...
TEGUCIGALPA, Honduras: In what could signal the end of his country's decades-long relations with Taiwan, Honduran foreign minister Eduardo Enrique ...
WASHINGTON D.C.: A new US Congressional committee focusing on China held its second hearing on the alleged abuses of the ...