Jaguar Announces TSX Review of Company’s Compliance with Minimum Listing Requirementsadmin
Jaguar Announces TSX Review of Company’s Compliance with Minimum Listing Requirements
Toronto, Ontario CANADA, November 04, 2013 /FSC/ – Jaguar Financial Corporation (JFC – TSX), (“JFC” or the “Company”) announces that, as a result of the Company’s market value of listed securities being less than $3.0 million for 30 consecutive trading days, the TSX has provided notice to the Company that it is reviewing the Company’s compliance with the minimum listing requirements of the TSX. The Company has been granted 120 days to comply with all of the TSX requirements for continued listing. If the Company cannot demonstrate that it meets all TSX requirements set out in Part VII of The Toronto Stock Exchange Company Manual on or before February 25, 2014, the Company’s securities will be delisted 30 days from such date.
If unable to maintain its listing on the TSX, JFC will look to list its securities on another Canadian based stock exchange.
About Jaguar Financial Corporation
Jaguar is a Canadian merchant bank that generally invests in undervalued, overlooked and underappreciated public companies where Jaguar determines that one or more changes could be made to create shareholder value.
The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this news release. This news release may contain certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under Jaguar’s control which may cause actual results, performances or achievements of Jaguar to be materially different from those implied by such forward looking statements.
For additional information on this press release, please contact:
Vic Alboini, Chairman & Chief Executive Officer
Jaguar Financial Corporation
Commerce Court North
25 King Street West, Suite 1450
Toronto, Ontario M5L 1E8
To view this press release as a PDF, please click on the following link:
Source: Jaguar Financial Corporation (TSX: JFC)
Maximum News Dissemination by FSCwire. http://www.fscwire.com
Posted: November 4th, 2013 under FSCWIRE.