Canada: AQM Automotive Corporation to Review Listing Options
The Board of Directors of AQM Automotive Corporation (TSE:AQV.; Nasdaq:AQM.AF) has begun a review of options related to continued listing of the Corporation on the Toronto Stock Exchange (the "TSE"). This review commenced after receipt from the TSE of an advisory letter regarding the Corporation's continued listing status. The TSE has advised the Corporation that it does not meet one of the new continued listing requirements, which were approved by the Ontario Securities Commission on March 31st, 2000. The cited deficiency relates only to the market value of publicly-held listed securities. The Corporation has until August 1, 2000, to meet that requirement, failing which it may be suspended from trading until the deficiency is corrected.
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