Detector Provides Status Update and Announces Termination of Proposed Transaction
16 Novembre 2011 - 4:54PM
Marketwired
Detector Exploration Ltd. ("Detector" or the "Corporation") (TSX
VENTURE:DEX) announces that, further to its news release of August
29th, 2011, due to market conditions, the proposed transaction the
Corporation was contemplating presenting to its shareholders has
lapsed and been terminated. As a result, the Corporation has no
intention of rescheduling a new special shareholder meeting as
previously announced.
The Corporation's shares listed on the TSX Venture Exchange were
halted from trading on August 3rd, 2011, pending the dissemination
of a comprehensive news release describing the proposed
transaction. Further, it is expected that with this announcement of
the termination of the proposed transaction, the Corporation
expects that its shares will resume trading on or about November
17th, 2011.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDED (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Contacts: Detector Exploration Ltd. Ronald E. Alexander
President (403) 264-1880 (403) 265-9105 (FAX)detectorex@shaw.ca
Detector Exploration Ltd. Suite 1020, 736 - 6th Avenue S.W.
Calgary, Alberta, T2P 3T7
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