Ok, So Where is the Follow Up PR?

Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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jcwillis

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Ok, So Where is the Follow Up PR?

posted on Apr 14, 2011 12:03PM

This is Definitely a Material Event.

So, still awaiting the follow up PR that Crystallex has, or has not, followed through with Company guidance that the Company “plans” or “intends” appealing AMEX delisting.

From the Apr 6 PR: ...In accordance with Sections 1009(d) and 1203 of the Company Guide, within seven calendar days of the date of the receipt of the notice from the Exchange, the Company plans to appeal the Exchange staff's determination by requesting an oral hearing before a Listing Qualifications Panel. ...

Time period of, “...within seven calendar days... ,” ended yesterday at COB.

Also, from Apr 5 PR: ...The Company expects to receive a letter from the NYSE Amex today as an initial step to begin a delisting process. The Company intends to appeal this determination and if necessary request a hearing before an NYSE Amex listings qualifications panel. ...

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