RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Course when trading resumes - your tip It's a fair bet that the Exchange is having the same response to the transaction detailed in the MD&A, the acquisition of the core ST properties, that the rest of us have....THIS IS A BIG DEAL. And they are reviewing it accordingly.
It involves the issuance of shares representing a large % of the resultant capital structure, it appears related parties are involved, and the asset is very big as demonstrated by the disclosure by Exall in the 1990s. So, I would assume the Exchange had this dropped on them Monday morning, and a few days of back and forth isn't at all unusual.
I've spoken to the company twice this week. They're happy to let you know what's going on, and it sounds like things have progressed steadily towards both a news release and a resumption of trading, and the time it's taking is just as a result of the several important issues that the exchange needs confirmation on. Apparently, they're getting lots of incoming enquiries and seem happy to respond.