[miningmx.com] – BUFFALO Coal Corporation said it had been granted an extension for the voluntary delisting of its shares from the Toronto Stock Exchange to November 30.
The firm, which mines anthracite and bituminous coal in South Africa’s KwaZulu-Natal province, is moving its listing to the TSX Venture Exchange which it believes is a more appropriate place for it to trade.
Buffalo has throughout the past 18 months undertaken a rigorous recapitalisation and restructuring strategy that has seen it move its key management to South Africa from Canada and outsource some of its mining activities.
