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Replies to post #331 on Gulf Resources Inc (GURE)
boston127
01/09/20 12:51 AM
#332 RE: SakartveloChan #331
Gulf Resources, Inc. (Nasdaq: GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that on December 19, 2019, it received a letter from The NASDAQ Stock Market LLC ("NASDAQ") notifying the Company that, as a result of the election of Mr. Shengwei Ma to the Company's Board of Directors on December 18, 2019, and appointment to the audit committee of the Company as detailed in the Company's Proxy Statement dated November 1, 2019, the Company has regained compliance with the independent director and audit committee requirements for continued listing on The NASDAQ Global Select Market as set forth in NASDAQ Listing Rules 5605(b)(1) and 5605(c)(2). With Mr. Ma's election to the Company's Board of Directors as an independent director and appointment to the audit committee of the Company, the Company's Board of Directors is again comprised of a majority of independent directors and the Company's audit committee is again comprised of three independent directors