Calm people.
I believe all this means is that Chorus Aviation (CHR.B) is being delisted from one of the TSX indexes (i.e. many stocks make up an ETF such as HOD or CGL). Still not something you want to hear but Chorus will still be on the TSX.
If I'm wrong then correct me so I can get my behind to the exits but I'm pretty sure this is overblown. If it were going to be delisted, the stock I would expect to completely tank.
Any news from the board would be nice though, if I didn't know any better, the Chorus board took the summer off since May.
Look at Premier Gold (T.PG) as well, they're being delisted the same as Chorus and the folks there are pretty confidend about what's going to happen on Friday. If you have more money, then perhaps lower your avg price, if not, then just wait.