Welcome back to Stockhouse
Member Sign In

Email or Username:

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Enter your email address:
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

Get our best content in your email.

You are already a member! Please enter your password to sign in.

Noveko International Inc. - Delisting of our Class A Shares


BOUCHERVILLE, QC, Aug. 16, 2013 /CNW Telbec/ - Noveko International Inc. (the "Corporation") wishes to remind its shareholders of the decision made by the Toronto Stock Exchange to delist our Class A Shares at the close of market on August 19, 2013 for failure by the Corporation to meet its continued listing requirements. As mentioned in our July 18, 2013 news release, it was obvious for us that the closing of our anticipated $10 million financing was a necessary condition to maintain our listing on the TSX. We continue to be confident that such financing will soon be completed.

In the meantime, we have begun the process to have our Class A Shares listed with another Canadian Exchange. We will be able to file our formal application only when we will be able to confirm the final conditions and closing date for our anticipated $10 million financing. No guarantee can however be provided that the Corporation's listing application will be approved by this Canadian Exchange. Investors will continue to be able to purchase or sell our Class A Shares through their broker on the over-the-counter market but, without an organized market, shares usually are much less liquid. We are sorry for any inconvenience this might cause to our shareholders and hope that this situation will soon be remedied.

Profile of the Corporation

The Corporation specializes in the air filtration segment by providing its clientele with innovative and eco-energetic filtration solutions. As such, through its subsidiaries, the Corporation designs, develops, manufactures and markets air filters incorporating its patented air filtration technologies, which filters are cleanable and recyclable, and have a much longer life span than conventional air filters. These filters are used in farm buildings, in institutional, commercial, industrial and residential buildings, and in the ground and aeronautics transport industry.

Through distributors, the Corporation furthermore continues to commercialize antimicrobial masks and respirators, hands sanitizers and ultrasound scanners for use in human and veterinary medicine.


Gary Mc Cone
Senior Vice-President and Chief Financial Officer
Tel: (514) 875-0606

Copyright CNW Group 2013

Rate this press release
0 stars


Add to favourites icon Add to favourites