At the request of the company, the common shares of NEMI Northern Energy & Mining Inc. will be delisted at the market close today, August 16, 2016. The shares of NEMI Northern Energy & Mining are currently halted. Date: Market close, August 16, 2016
The common shares of NEMI Northern Energy & Mining Inc. have been approved for listing on CNSX. The Company has approximately 16.5 million shares outstanding with a public float of 8.8 million shares. NEMI Northern Energy & Mining has made an application to voluntarily de-list its shares from the TSX effective March 14, 2012. Upon listing on CNSX [...]
NEMI announced today the results of its previously announced substantial issuer bid pursuant to which it offered to repurchase for cancellation: (i) up to 38,000,000 of its outstanding Class A Common Shares at a purchase price of $1.06 per Share; and (ii) up to $10,449,000 in principal amount of outstanding 8% convertible debentures (the [...]
NEMI reminds the holders of the Company's outstanding Class 'A' Common Shares and 8% convertible debentures that its previously announced substantial issuer bid, pursuant to which NEMI has offered to repurchase for cancellation (i) up to 38,000,000 of its outstanding Shares at a purchase price of $1.06 per Share; and (ii) up to $10,449,000 in [...]
NEMI announced today that it has formally commenced its previously announced substantial issuer bid pursuant to which the Company has offered to repurchase for cancellation: (i) up to 38,000,000 of its outstanding Class A Common Shares at a purchase price of $1.06 per share; and (ii) up to $10,449,000 in principal amount of outstanding 8 [...]
DELISTING REVIEW - NEMI Northern Energy & Mining Inc. - TSX is reviewing the Common Shares of the Company with respect to meeting the continued listing requirements. The Company has been granted 120 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process.
Further to the Company's news release of September 28, 2011 announcing its intention to use the majority of the C$73 million in proceeds from the sale of the Company's interest in the Peace River Coal Limited Partnership, plus available cash on hand, to provide securityholders with a liquidity event such as a cash distribution or a share buyback [...]
