EXPM:KWWMF - Post by User
Comment by
1Scipioon Jan 30, 2020 6:22pm
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Post# 30622383
RE:permanent CTO today. it seems it is over
RE:permanent CTO today. it seems it is overWhy? This is was to be expected. The temp. ban expired.
They have until April to gain compliance:
"The TSX has advised that it will be reviewing the Company with respect to continued listing criteria related to disclosure issues. These disclosure issues relate to the withdrawal by the Company’s auditor of its audit reports for the years ended December 31, 2017 and 2018 and its interim review reports to the Audit Committee of the Company for each interim period within the 2017, 2018 and 2019 fiscal years of KEW as a result of the actions of KEW’s former Chief Financial Officer. The Company has been granted 120 days to comply with all requirements for continued listing. If the Company cannot demonstrate that it meets all TSX requirements set out in Part VII of the Manual on or before May 19, 2020, the Company’s securities will be delisted from the TSX 30 days from such date. There is no assurance that the Company will successfully regain compliance within this time period."
The coffin is out, but it has not been nailed shut yet IMO. Be patient but realistic. Probably over, but not yet. Wait until Spring.