RE: TSX Delisting Review - First Uranium CorporatiThat was mentioned in the original NR on Friday, ( Check out FIU's web site in News, it's clearer there than on the abriveated NR in most news clippings.
Apparently it's normal that TSX reviews listings when there are major changes to ownership of shares, especially if those shares are purchased by insiders such as Simmers...
Not sure how this works but in that same NR they mention that it's a formality and that FIU is in total compliance with TSX rules, and if they aren't they will be in short order.
With the new changes in management adn odditional possible dilution of shares the company will be relocating their management operation to S. Africa and maintaining only a skeleton staff in Canada to meet TSX regulations.