Teranga Gold Corporation T.TGZ

Good News (ASX Delisting)

[auburn2]

Resource companies should stick to the TSX. These days international investors can freely trade on the TSX without much fuss. No need to pay fees for other exchanges. And of course I don't want a dividend. Keep the cash with the company. So far no worries about my TGZ position. As long as I'm not worried about downside risk, I'm happy to be exposed to the upside.

[JEN9]

not that it matters but do you know the reason for the de listing....is it the companys request or exchange ?

[Masterminded]

The decision to delist is based on the progressive decline in average daily trading volume of its securities listed on the ASX compared to the TSX. For the first six months of 2017, only 4% of total volume traded on both exchanges was executed on the ASX compared to 96% on the TSX. Since Teranga commenced trading on the ASX in December 2010, the percentage of total issued capital held on the

[eljoro]

Company's request. See press release from this evening: https://globenewswire.com/news-release/2017/07/27/1063816/0/en/Teranga-Gold-Submits-Application-for-Removal-from-the-Official-List-of-the-Australian-Securities-Exchange.html Interestingly, the shares are now down .16 to $3.14 on higher than normal volume on the ASX.