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AMM:CC - Almaden receives NYSE notice for non-compliance
Almaden Minerals Ltd.
2023-04-24 02:58:37 ET
Almaden Minerals ( AAU ) has received NYSE American notice as the securities have been selling for a low price per share for a substantial period of time which NYSE American determines to be a 30-trading-day average price of less than $0.20 per share.
The company’s continued listing is predicated on it effecting a reverse stock split of its stock within a reasonable period of time which the staff determined to be no later than October 19, 2023.