Accordingly, Falcon Gold has decided to propose to shareholders its delisting from the ZSE,” the gold producer said.
Last year, Falgold delayed publishing its audited financial statements for the year to September 30, 2019, in conformity with International Financial Reporting Standard and International Accounting Standard for the IFRS and IAS and ZSE Listing Requirements.
In 2019, power utility ZESA cut off Falgold unit, Golden Quarry, due to non-payment of utility bills, causing all underground operations to cease.
Falcon Gold requested a suspension of trading in February 2020 and its stock was suspended by the ZSE with effect from February 27, 2020. 🔗 Read Full Article
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