Xmet Inc XMTTF

XMET INC. BULLETIN TYPE: Suspend

[hazardpay]

Further to the TSX Venture Exchange ('TSXV') Bulletin dated July 12, 2016, effective at the opening Thursday, July 28, 2016, trading in the shares of the Company will be suspended for failure to maintain Exchange requirements. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice. https://www.newswire.ca/news-releases/tsx-venture-exchange-daily-bulletins-588484831.html

[pmforme]

XMTTF just traded 100,000 shares. So what's up?

[hazardpay]

The company is still trading at the otc and will do so. They will also stay a reporting issuer; guess they will return to a Canadian stock exchange (maybe not the tsx) after a while (with a split and a new project). At the Moment management is focusing on orx.v.

[Pandora]

Funny how these companies can get halted (or suspended) and just go on for months with no info of any kind for shareholders. It's as though we don't exist in th eyes of management and the OSC. Amazing -- and I just don't have this one I also have Rodinia a failure as a lithium company. How stupid of me to have ever believed in management of either one.

[Pandora]

Well after being halted for I'm not sure how long -- maybe a year -- RM is now going to finally start trading again next week. Of course they have done a 1 for 10 consolidation so only the big holders have any representative number of shares. The float is so low now they can soon start doing PP's and dilute, dilute. And they have also changed the business -- they're no longer mining