sedamadera

June 17, 2016 - 09:59 PM 21 Reads
Post# 24976367

Thank you Ms. Divide for your voice of reasoning. Now maybe you can clarify a few things for me.

1) Why did IIROC's news release say "pending contact with company"?

2) Why was IGD's news release not on the regular news wire, and why was this one of the few news releases emailed to shareholders? Why is the news release that she put out on the IGD homepage, and not the one that IIROC released? No question they are short directors, but is that the only reason for halting the stock? With the amazing things happening with TTAGIT, you would think a new director would be found in no time. Maybe even Mr. Haukedal would represent the company that he basically owns?

3) How come when SLI was halted for lack of directors, the TSX, not IIROC, halted trading and gave a notice for suspension to find a replacement:

Vancouver, B.C./ ACCESSWIRE / June 24, 2014/ St. Elias Mines Ltd. (SLI-TSX-V)announces that the TSX Venture Exchange (the "Exchange") has haltedthe Company's shares from trading effective June 23, 2014as a result of the Company having less than three directors and failing to maintain Exchange requirements pursuant to section 5.6 of Exchange Policy 3.1, "Directors, Officers, Other Insiders & Personnel and Corporate Governance."

In addition, pursuant to Exchange Policy 2.9 section 3.1, which allows for listed companies which have failed to comply with Exchange requirements to be suspended from trading, the Exchange has placed the Company on notice for suspension with a deadline of July 8, 2014 in which time the Company is required to provide a submission to the Exchange evidencing that it has three directors

4) Why did the CEO file multiple late trades the day after being halted, some that were made as far back as April?

These things are very perplexing, and if you could shine some light on them for me, that would be appreciated.