|By Marketwired .||
|December 10, 2013 10:30 AM EST|
TORONTO, ONTARIO -- (Marketwired) -- 12/10/13 -- QMX GOLD CORPORATION (TSX: QMX) ("QMX" or the "Company") has been informed of the decision of the Listing Committee of the Toronto Stock Exchange ("TSX") to delist the common shares of the Company effective January 9, 2014 on the basis that QMX is now failing to meet the continuing listing requirements of the TSX. The Company is considering filing an appeal in accordance with the requirements of the TSX to reverse the decision of the Committee. At the same time, to ensure that there is an appropriate market available for shareholders of QMX, representatives of the Company have entered into discussions with the TSX Venture Exchange ("TSX-V") about filing an application for listing the Company's common shares under the streamlined listing procedure of the TSX-V.
This press release contains or may be deemed to contain "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements (express or implied) relating to the Company's expectations and intentions with respect to its listing. Forward looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, its properties and/or its projects to be materially different from those expressed or implied by such forward-looking information, including but not limited to those risks described in the annual information form of the Company, which is available under the profile of the Company on SEDAR. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. It should also be noted that mineral resources that are not mineral reserves do not have demonstrated economic viability.