Lion One Metals (TSE:LIO) has released an update.
Lion One Metals Limited is set to be delisted from the Australian Securities Exchange (ASX) due to low trading activity and the high cost of compliance, with only about 5.89% of its shares held as CDIs on the ASX. The company’s shares will continue to be traded on the TSX Venture Exchange and OTCQX following the delisting. All CDIs will be automatically converted into shares on the Canadian register after the delisting process is complete.
For further insights into TSE:LIO stock, check out TipRanks’ Stock Analysis page.
