Crystallex issued today an update regarding activities since obtaining an initial order from the Ontario Superior Court of Justice for protection under the Companies' Creditors Arrangement Act (Canada), dated December 23, 2011. On December 23, 2011, Crystallex received an initial order from the Ontario Superior Court of Justice granting CCAA [...]
Crystallex today announced that it has obtained an order from the Ontario Superior Court of Justice for protection under the Companies' Creditors Arrangement Act (Canada). Ernst & Young Inc. was appointed monitor under the order. Subject to the order, proceedings by creditors and others cannot be continued or commenced without the consent of the [...]
DELISTING REVIEW Crystallex International Corporation - Further to TSX Bulletin # 2011-1564 dated December 7, 2011, the common shares of the Company have been suspended from trading immediately. The common shares will be delisted at the close of market on January 6, 2012 for failure to meet the continued listing requirements of TSX.
Crystallex has received a letter from the Toronto Stock Exchange stating that following the December 5, 2011 Review, the Exchange determined that the Company does not meet the Original Listing Requirements and plans to delist the Company's shares effective at the close of market on January 6, 2012. Management is evaluating alternative exchange [...]
DELISTING REVIEW Crystallex International Corporation - Further to TSX Bulletin # 2011-1503 dated November 24, 2011, TSX has determined to delist the Common Shares (Symbols: KRY) of the Company at the close of market on January 6, 2012 for failure to meet the continued listing requirements of TSX.
Crystallex reported that it has received a letter from the Toronto Stock Exchange regarding Crystallex's eligibility for continued listing on the TSX. On October 5, 2011, the Company received a letter from the Compliance and Disclosure department of the TSX requesting that the Company provide information regarding its current operating activities [...]
DELISTING REVIEW Crystallex International Corporation - TSX is reviewing the Common Shares of the Company with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process.
Crystallex today reported its financial results for the quarter ended September 30, 2011. The Company prepares its consolidated financial statements in U.S. dollars. Effective the first quarter of 2011, the Company's financial statements are prepared in accordance with International Financial Reporting Standards. The consolidated financial [...]
Crystallex is pleased to announce that a wholly-owned subsidiary proposes to complete a best efforts private placement offering of up to 120,000 units at a price of US$1,000 per Unit for aggregate proceeds of up to US$120 million. Each Unit will consist of one face value US$1,000 principal amount senior secured note bearing simple interest at a [...]
Crystallex updated shareholders on several activities including the status of its ICSID case, the decision by the Ontario Court regarding the June 2011 Noteholder Action, the ongoing Debt Refinancing Initiative and a TSX Review and Letter to the Company. ICSID Case. On October 5, 2011, Crystallex was advised by the International Centre for [...]
