- Reuters•5 months ago
Nickel miner TVI Resource Development (Phils.) Inc (TVIRD) has deferred its planned Philippine listing for a second time to the second half of 2016 due to volatile market conditions, its chairman said. The miner had initially planned to list on the Philippine Stock Exchange (PSE) in December last year, before deferring to Feb. 29 this year due to delays in regulatory approvals. "While TVIRD has worked diligently with its underwriter and the regulatory bodies to pursue its IPO and PSE listing, global markets have been in extreme turmoil since the beginning of 2016," said Clifford James, who is also chairman and CEO of Canadian miner TVI Pacific Inc.
- Reuters•7 months ago
Nickel miner TVI Resource Development (Phils.) Inc (TVIRD) has deferred a planned listing on the Philippine Stock Exchange to Feb. 29 next year, subject to market conditions and regulatory approvals, shareholder TVI Pacific Inc of Canada said. Delays in regulatory approvals, which TVI said was partly due to local public holidays, had prompted it to postpone the initial public offering. The miner was previously looking at a Dec. 18 listing after a 1 billion peso ($21 million) IPO intended to fund a gold and silver mining project.
|52wk Range||0.01 - 0.04|
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|Avg Vol (3m)||577,893|
As of 11:10 AM EDT. Market closed.