Tempus Resources Ltd (ASX:TMR, TSX-V:TMRR) has received approval from the TSX Venture Exchange to voluntary delist the ordinary shares of the company and expects that the shares will be delisted at the close of business on Wednesday, December 27, 2023.
The Board of Directors decided to complete the delisting as minimal trading activity of the shares on the exchange no longer justifies the expense and administrative requirements associated with maintaining a dual listing.
Directors also considered that the majority of Tempus’ investors are Australian-based and, accordingly, a single listing on the ASX will better serve investors and investments in the company.
No impact on ASX listing
The company said that the delisting would not affect its listing on the Australian Securities Exchange (ASX) and that the continuing ASX listing was expected to provide shareholders with a sufficiently liquid market.
Following the delisting,…
