Energem - Delisting from the Toronto Stock Exchange
22 Abril 2009 - 1:00AM
UK Regulatory
TIDMENM
Energem - Delisting from the Toronto Stock Exchange
TSX and AIM: ENM
VANCOUVER, April 21 /CNW/ - Energem Resources Inc. ("the Company")
announces that it has applied to be voluntarily de-listed from the Toronto
Stock Exchange ("TSX") and will submit an application for transfer of the
listing of its common shares to the TSX-Venture Exchange ("TSX-V").
The Company's listing on the TSX was predicated on the Company being
listed as a mining issuer. The last of the Company's mining assets was
relinquished by it in October 2007 and the Company was placed under remedial
review by the TSX. The TSX has recently advised that its review has concluded
that the Company does not continue to qualify under TSX rules for listing as a
non-mining issuer. The Company has therefore applied to be voluntarily
de-listed from the TSX and will apply for a transfer of the listing of its
common shares to the TSX-V.
Trading in the Company's shares on the TSX remains halted pending the
acceptance of the application for de-listing by the TSX and/or the filing of
the Company's annual financial statements, management discussion and analysis
and annual information form for the year ended December 31, 2008 which were
due March 31, 2009. Further to the Company's news release of April 9, 2009,
the Company anticipates being in a position to file these documents by April
30, 2009. Trading in the Company's shares on the London Stock Exchange's AIM
is unaffected by these developments.
Energem Resources Inc (TSX/AIM:ENM). is an Africa focussed company listed
on the London Stock Exchange's AIM market and the holding company of a group
of companies engaged in, mainly, several African countries in the renewable
energy, bio-fuels, oil and related sectors including logistics and supply to
the mining industry in South and Central Africa and development of an
up-stream oil exploration asset. The Company has offices and/or logistics and
support infrastructure in Johannesburg, London, and a number of African
countries.
For further information: Rob Rainey in London on telephone +44 (0)20
7201-9620, Fax +44 (0)20 7201-9644, or email: info(at)energem.com; Refer to
our website: www.energem.com; Canaccord Adams Limited - Robert Finlay, Andrew
Chubb, +44 207 050 6500; Smithfield - Reg Hoare, Will Henderson, +44 207 360
4900
(ENM)
END
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