MARKETS

TSX extends review of Forbes Coal

THE Toronto Stock Exchange has decided to extend its review of the eligibility of Forbes and Manh...

Sadie Davidson

The TSX originally reviewed Forbes in January for 120 days but had since extended the deadline twice – by 30 days in April and again Friday.

The TSX is looking into the company with respect to meeting the continued listing requirements.

The company was originally granted 120 days in which to regain compliance with the requirements, pursuant to the remedial review process.

Forbes faces delisting from the TSX if it does not regain compliance.

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