Not much clarity from IR
Ms. Thomas - I recently became aware of UEX Corporation, found their story compelling, and bought a starter position of 10k shares yesterday.
I was a bit concerned to learn the US listing, UEXCF, is considered a pink listing. I understand that has to do with financial reporting to the SEC, a US organization. Can you address UEX's financial reporting standards in general and address this US pink listing issue plus any future plans to move to a more credible financial reporting status for UEXCF? Thank you for your input.
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Hello Joe,
Thank you for your email. UEX's financial reporting standards are in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. We have not had any problem with US pink listing issues.
Hope this addresses your questions but if you need anything further please let me know.
Best regards,
Laurie
Laurie Thomas, CPA, CMA, CPIR
Vice President Corporate Relations