Press release from Marketwire
Tuscany International Drilling Inc. Announces Subscription Receipts Trading Halt and Related Timing of Delisting
Thursday, May 19, 2011
CALGARY, ALBERTA--(Marketwire - May 19, 2011) -
THIS PRESS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.
Tuscany International Drilling Inc. (TSX:TID) ("Tuscany") announces that, further to its earlier press release today respecting the closing of its acquisition of all of the issued and outstanding shares of a private Brazilian drilling and work-over company, together with the related drilling and work-over rigs, trading in the subscription receipts of Tuscany was halted by the Toronto Stock Exchange at the opening of the markets today and will remain halted until the close of business today, at which time they will be delisted. Holders of subscription receipts will receive one common share of Tuscany for each subscription receipt held, for no additional consideration and without further action by the holder. Such common shares have been listed on the TSX.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110519&archive=ccnm&slug=201105190698265001
Cheers; Scott