EURO Ressources : DELISTING OF ORDINARY SHARES FROM THE TORONTO STOCK EXCHANGE
July 17 2009 - 12:08PM
Marketwired
DELISTING OF ORDINARY SHARES FROM THE TORONTO STOCK EXCHANGE
EURO Ressources S.A. (TSX: EUR; Euronext of the Bourse de Paris:
EUR) reports that it has applied to the Toronto Stock Exchange for
the voluntary delisting of EURO's ordinary shares. The last day for
trading of EURO's ordinary shares on the Toronto Stock Exchange
will be Friday July 17, 2009.
EURO's directors determined to apply for the voluntary delisting
based on the relative trading volumes of EURO's ordinary shares on
the Toronto Stock Exchange compared to the NYSE Euronext Exchange
following the completion of IAMGOLD Corporation's tender offer for
EURO in December, 2008. During the period from January 1, 2009 to
mid-July, 2009, approximately 48,000 shares were traded on the
Toronto Stock Exchange compared to approximately 1,850,000 shares
traded on the NYSE Euronext Exchange. EURO's ordinary shares will
continue to trade on the NYSE Euronext Exchange.
EURO also intends to apply to the Canadian securities regulatory
authorities for discretionary orders terminating EURO's status as a
reporting issuer in Canada. Unless and until such orders are
granted, EURO will continue to file continuous disclosure documents
on SEDAR in accordance with applicable Canadian securities
legislation.
About EURO
EURO is a French company whose principal asset is the Rosebel
Royalty on gold production at the Rosebel mine operated by IAMGOLD.
EURO has approximately 62.5 million shares outstanding.
Statements Regarding Forward-Looking Information: Some
statements in this news release are forward-looking statements.
Investors are cautioned that forward-looking statements are
inherently uncertain and involve risks and uncertainties. There can
be no assurance that future developments affecting the Company will
be those anticipated by management.
Not for distribution to United States newswire services or for
dissemination in the United States. The securities referred to
herein have not been registered under the US Securities Act of 1933
and may not be offered or sold in the United States or to a US
person absent registration or an applicable exemption from
registration.
Additional information relating to EURO Ressources S.A. is
available under EURO's profile on SEDAR at www.sedar.com.
This information is provided by HUGIN
Requests for further information should be addressed to: Larry
E. Phillips Directeur-G�n�ral Tel:+1 4163604710 Email : Email
Contact Susanne A. Hermans Vice-President Finance T�l.: +1 303 204
7771 Email : Email Contact
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