Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Still suspended in Canada.
http://www.stockwatch.com/Quote/Detail.aspx
Still Cease Traded in Canada.
jmo
Still Cease Traded in Canada
12.21.11 EXCEL GOLD MINING INC. ANNOUNCES TRANSFER TO NEX - APPOINTMENT OF JOSEPH
GALLI AS PRESIDENT, CEO AND DIRECTOR - CORPORATE UPDATE
MONTREAL, QUEBEC – (Stockwatch – December 21, 2011) Excel Gold Mining Inc. (TSX Venture:
EGM) (the “Company” or “Excel”) today announces the transfer of its listing from the TSX Venture
Exchange (the "TSXV") to the NEX board of the TSXV (the "NEX") as a result of the Company not
being able to evidence its ability to meet the Tier 2 Continued Listing Requirements (“CLR”). As
previously disclosed, a cease trade order was issued by the Autorité des marches financiers (“CTO”)
and as a result the Company’s common shares were suspended by the TSXV on September 6, 2011.
Prior to the suspension in trading, the shares of the Company were halted by the TSXV on July 18,
2011 pending clarification of Company affairs.
The common shares of the Company will be listed on the NEX effective December 22, 2011 and
trading will remain suspended until the cease trade orders are revoked and Company has satisfied the
Exchange’s Requirements. Effective December 22, 2011, the Company’s trading symbol will change
from EGM to EGM.H.
Appointment of Joseph Galli
The Company is at the same time pleased to announce the appointment of Mr. Joseph Galli as
President, Chief Executive Officer and Director of the Company, which appointment became effective
November 28, 2011 and is conditional to the approval of regulatory authorities.
Mr. Galli has been mandated by the Board of the Company to undertake any actions necessary to
have the CTO on the Company removed by the Autorité des marchés financiers (AMF) and the other
jurisdictions and to get the shares graduated back on the TSXV. Immediate actions include the followup
and assistance with the TSXV review of the Company’s affairs and the completion and filing of the
annual financial statements for the last fiscal year and of the interim financial statements for the last
quarterly period as soon as possible.
Mr. Galli is the Founder and Managing Partner of PENTOR Alliance Company and PENTOR Capital
Corp. Over the past 25 years, he has completed dozens of restructuring, due diligence and acquisition
mandates in numerous industries on behalf of private equity and venture capital firms and industry
clients. He is also an investor in a number of early stage public companies in Canada and the U.S.A.
He has a Bachelor of Finance Degree from Concordia University in Montreal.
Accepting his appointment, Mr. Galli stated: "As a shareholder in Excel Mining, I feel that there is
value that can be unlocked and this is why I have accepted to join the Board of Directors and to take
on the CEO role. Our objective as a Board is to remedy any outstanding issues in order to get the
shares of the Company trading once again and to unlock the value in the Company."
Mr. Galli is replacing Mr. Jacques F. Monette who resigned as President and CEO on November 28,
2011. Mr. Monette will continue to be a director of the Company.
Corporate Update
The Board of Directors of the Company is now composed of Joseph Galli, Martin Harvey, Jacques F.
Monette and Yves Rougerie.
The Officers of the Company are now Joseph Galli, President and Chief Executive Officer and Martin
Harvey, Chief Financial Officer and Secretary.
The Audit Committee is now composed of Martin Harvey (Chief Financial Officer), Jacques F. Monette
(Independent Director) and Yves Rougerie (Independent Director).
The offices of the Corporation have now moved to 1155 René-Lévesque West, Suite 2500, Montreal,
Quebec H3B 2K4.
About Excel
Excel is a Canadian based junior exploration company focused on building shareholder wealth
through the acquisition and development of strategic assets in mining friendly jurisdictions, particularly
in the region of Notre-Dame de Montauban, in the province of Quebec.
For more information please visit our Corporate Web Site at www.excelgoldmining.com or contact:
Mr. Joseph Galli, President, CEO and Director
Excel Gold Mining Inc.
(514) 871-4913
jgalli@pentor.com
First Hearing 9/13 and EGM doesn't even show.
Dead stock.
jmo
Are Fraudster Ollu and Scammer Cortelazzi still shareholders?
jmo
Is it for non-payment or illegal activities?
jmo
a good read, http://www.excelgoldmining.com/news/Gemcom3D.pdf
Excel Gold Mining Inc., Announces that it has Retained First Canadian Capital Corp, to Provide Strategic Marketing and Investor Relation Services.
Fri Nov 12, 11:14 AM
* Email Story
* IM Story
* Printable View
Excel Gold Mining Inc. (“Excel” or “the Company”) (TSXV: EGM.V) is pleased to announce that it has retained First Canadian Capital Corp. ("First Canadian" or “the consultant”) to provide strategic marketing and investor relations services. Under the terms of the agreement, Excel will pay First Canadian C$6,000 per month for a twelve month initial term and grant 400,000 stock options at an exercise price of C$(0.15). First Canadian will assist the Company in opening productive dialogue with private investors, analysts, brokers, money managers and other financial professionals. The Consultant will focus on generating market awareness among the investment community as Excel continues to follow up on their already successful drill program.
About First Canadian Capital
Based in Toronto and in business for thirteen years, First Canadian Capital Corp. (www.firstcanadiancapital.com) identifies quality assets and undervalued companies with high growth potential. It has assisted numerous North American corporations in gaining exposure and recognition within the global investment community realizing above average returns.
About Excel
Excel Gold Mining is a Canadian based junior exploration company focused on building shareholder wealth through the acquisition and development of strategic assets in mining friendly jurisdictions, particularly in the province of Quebec.
For further information please contact:
Mr. Martin Harvey
Director, Excel Gold Mining Inc.
(514) 844-8770, #101
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Recent news coverage on Excel Gold Mining.
La Presse, a Montreal newspaper is running an item on Fraudsters Andrea Cortellazzi and Serge Ollu.
Excel Gold mining is mentioned.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51600068
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51600114
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51600068
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51601032
GTLU all owning this.
jmo
Oh my ... another Cortelazzi/Olly Scam to follow.
jmo
Followers
|
0
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
17
|
Created
|
09/01/10
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |