DGAP-News: Infrastructure Materials Corp. / Key word(s): Miscellaneous Infrastructure Materials Corp. Announces Intention to Voluntarily Delist from the TSX Venture Exchange 13.01.2016 / 22:15 The issuer is solely responsible for the content of this announcement.
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Reno, Nevada--(Newsfile Corp. - January 13, 2016) - Infrastructure Materials Corp. (OTC Pink: IFAM) (TSXV: IFM) (the 'Company') announces that it has applied for voluntary delisting of its common shares from the TSX Venture Exchange ('TSXV'). The Company's common shares are currently listed for trading on the TSXV and the OTC Pink Marketplace ('OTC Pink'). The directors of the Company believe that given current market conditions, the minimal trading activity of the Company's common shares on the TSXV no longer justifies the expense and administrative requirements associated with maintaining this dual listing, and that the Company's continuing OTC Pink listing provides its shareholders with a sufficiently liquid market. The delisting is subject to approval by the TSXV. The principal shareholder of the Company, owning or controlling more than 60% of the Company's outstanding common shares, has provided consent to the TSXV for the de-listing. The Company expects that its common shares will be delisted from the TSXV at the close of trading on or about January 28, 2016, with the Company's common shares continuing to trade on the OTC Pink under the ticker 'IFAM'. Upon completion of the de-listing from the TSXV, the Company will continue to be a reporting issuer in all jurisdictions where it is currently a reporting issuer (or equivalent), including the provinces of British Columbia, Alberta, Saskatchewan, Ontario and the United States of America (collectively, the 'Reporting Jurisdictions') and continue to be subject to all of the reporting and other regulatory requirements of such Reporting Jurisdictions. It is also expected that the Company will maintain its Canadian register through its current Canadian transfer agent, Alliance Trust Company. Infrastructure Materials Corp. is a Reno, Nevada based exploration stage company that is directing its efforts to the exploration and development, if warranted, of precious metal properties located in Nevada and cement grade limestone deposits in strategic locations in the United States. For further information please see our public filings at www.sedar.com and www.sec.gov/edgar.shtml or contact: Mason Douglas, President and CEO Phone: 775-322-4448 Email: info@infrastructurematerialscorp.com or visit our website at www.infrastructurematerialscorp.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. FORWARD-LOOKING STATEMENTS: This press release contains certain 'forward-looking statements' within the meaning of U.S. securities laws. Forward-looking statements are frequently characterized by words such as 'plan,' 'expect,' 'project,' 'intend,' 'believe,' 'anticipate,' 'estimate' and other similar words or statements to the effect that certain events or conditions 'may', 'have' or 'will' occur. Forward-looking statements in this press release include, but are not limited to, expected timing for the delisting of the Company's common shares from the TSXV. Forward-looking statements or references to historical records are based on the material in our possession, opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those stated or projected in this press release. The Company undertakes no obligation to update forward-looking statements or historical information unless specifically required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Click on, or paste the following link into your web browser, to view the associated documents http://www.newsfilecorp.com/release/18839 News Source: Newsfile
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13.01.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: Infrastructure Materials Corp. United States ISIN: US45684Y1038 End of News DGAP News Service
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429217 13.01.2016
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Reno, Nevada--(Newsfile Corp. - January 13, 2016) - Infrastructure Materials Corp. (OTC Pink: IFAM) (TSXV: IFM) (the 'Company') announces that it has applied for voluntary delisting of its common shares from the TSX Venture Exchange ('TSXV'). The Company's common shares are currently listed for trading on the TSXV and the OTC Pink Marketplace ('OTC Pink'). The directors of the Company believe that given current market conditions, the minimal trading activity of the Company's common shares on the TSXV no longer justifies the expense and administrative requirements associated with maintaining this dual listing, and that the Company's continuing OTC Pink listing provides its shareholders with a sufficiently liquid market. The delisting is subject to approval by the TSXV. The principal shareholder of the Company, owning or controlling more than 60% of the Company's outstanding common shares, has provided consent to the TSXV for the de-listing. The Company expects that its common shares will be delisted from the TSXV at the close of trading on or about January 28, 2016, with the Company's common shares continuing to trade on the OTC Pink under the ticker 'IFAM'. Upon completion of the de-listing from the TSXV, the Company will continue to be a reporting issuer in all jurisdictions where it is currently a reporting issuer (or equivalent), including the provinces of British Columbia, Alberta, Saskatchewan, Ontario and the United States of America (collectively, the 'Reporting Jurisdictions') and continue to be subject to all of the reporting and other regulatory requirements of such Reporting Jurisdictions. It is also expected that the Company will maintain its Canadian register through its current Canadian transfer agent, Alliance Trust Company. Infrastructure Materials Corp. is a Reno, Nevada based exploration stage company that is directing its efforts to the exploration and development, if warranted, of precious metal properties located in Nevada and cement grade limestone deposits in strategic locations in the United States. For further information please see our public filings at www.sedar.com and www.sec.gov/edgar.shtml or contact: Mason Douglas, President and CEO Phone: 775-322-4448 Email: info@infrastructurematerialscorp.com or visit our website at www.infrastructurematerialscorp.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. FORWARD-LOOKING STATEMENTS: This press release contains certain 'forward-looking statements' within the meaning of U.S. securities laws. Forward-looking statements are frequently characterized by words such as 'plan,' 'expect,' 'project,' 'intend,' 'believe,' 'anticipate,' 'estimate' and other similar words or statements to the effect that certain events or conditions 'may', 'have' or 'will' occur. Forward-looking statements in this press release include, but are not limited to, expected timing for the delisting of the Company's common shares from the TSXV. Forward-looking statements or references to historical records are based on the material in our possession, opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those stated or projected in this press release. The Company undertakes no obligation to update forward-looking statements or historical information unless specifically required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Click on, or paste the following link into your web browser, to view the associated documents http://www.newsfilecorp.com/release/18839 News Source: Newsfile
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13.01.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: Infrastructure Materials Corp. United States ISIN: US45684Y1038 End of News DGAP News Service
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429217 13.01.2016
