Crystallex International Corp. (KRY.TO), with projects that have been effectively seized by the government in Venezuela, have plumbed new lows today, to hit 4.5 cent a share. The shares have gained a little in morning trade and are currently hovering at 5.5 cents.
The company was notified that it will be delisted from the Toronto Stock Exchange at the close of the market on January 6, 2012.
Management is evaluating alternative exchange listing options. Crystallex shares will continue to trade in the US on the OTCQB market.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
