|By Marketwired .||
|April 17, 2014 08:03 AM EDT||
LONDON, UNITED KINGDOM -- (Marketwired) -- 04/17/14 -- Touchstone Gold Limited (AIM: TGL)(TSX: TCH) announces that its Board of Directors have approved and the Company has requested to voluntarily delist its shares from the Toronto Stock Exchange. The delisting is expected to occur at the close of business on 23 April 2014.
In reaching its decision, the Board considered among other things, that the Company currently did not meet the TSX's listing requirements and that a delisting would reduce the Company's working capital requirements further in addition to the measures outlined in the interim update announcements of 20 September 2013 and 21 January 2014.
The Company's shares will continue to trade on the Alternative Investment Market of the London Stock Exchange under the ticker TGL, where it has been listed since June 2011.
Touchstone Gold Limited
Trevor Wells / Waseem Shiraz
+44 203 301 9337
Matthew Robinson / Simon Hicks
+44 20 7220 0500
Peterhouse Corporate Finance Limited
+44 20 7469 0936