Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Highwood Res. Ltd (T.HWD, HIWDF) -- Ignore unavailable to you. Want to Upgrade?

To: Gerry who wrote (34)	11/13/1998 9:47:00 AM
From: kidl	Read Replies (1) \| Respond to of 147

Highwood Resources Ltd - Delisting from Nasdaq Highwood Resources Ltd HWD Shares issued 20,025,748 1998-11-11 close $0.5 Thursday Nov 12 1998 Mr. Garry Lynkowski reports In November of 1997 the company was notified that the Nasdaq Stock Market had approved new continued listing standards for companies currently listed on the Nasdaq exchange. Since this notification, Highwood has worked diligently to avoid delisting. The company's efforts have included written submissions to the Nasdaq exchange, as well as attending a hearing in Washington D.C. last month. Although the company successfully meets seven of the eight continued listing criteria, it is not currently meeting the minimum bid price criterion. As a result, Highwood was notified that the company's securities would be delisted from the Nasdaq Stock Market effective with the close of business Nov. 9, 1998. The company will continue active trading on the Toronto Stock Exchange while the board reviews its options for listing on alternative stock exchanges in the United States. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com QUESTION: In as much as this will reduce exposure in the US, could it not also have a positive effect on the TSE trading activity?