From the Wires
Diadem Resources Ltd.: Movement to NEX
By: Marketwire .
Jan. 7, 2013 04:18 PM
MONTREAL, QUEBEC -- (Marketwire) -- 01/07/13 -- Diadem Resources Ltd., (TSX VENTURE:DRL) (the "Company") announces today that the TSX Venture Exchange has advised the Company that, effective January 7, 2013, trading in the shares of the Company will be transferred to the NEX and will remain suspended. The Company is required to file a Listing Notification with the NEX within five days of the TSX Venture Exchange transferring the Company's shares for trading on that exchange.
In addition, the Company announces the resignation of Mr. Thomas Skimming as a director of the Company. The Company thanks Mr. Skimming for his considerable contribution to the Company.
The Company is actively seeking a financing in order to properly address its financial situation and, at the appropriate time, will apply to the Autorite Marche Financier and other relevant securities regulatory authorities for a partial revocation of the CTO to provide for the consummation of such financing and ultimately a full revocation of the CTO.
This press release may contain certain forward-looking statements with respect to the Company. These forward-looking statements, by their nature, involve risks and uncertainties that could cause actual results to differ materially from those contemplated. We consider the assumptions on which these forward-looking statements are based to be reasonable, but caution the reader that these assumptions regarding future events, many of which are beyond our control, may ultimately prove to be incorrect. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are various risks detailed from time to time in the filings made by the Company with securities regulators.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy and accuracy of this release.
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