Till Capital to delist voting stock, deregister with SEC
Till Capital announced that its board has approved the voluntary delisting of Till's restricted voting shares from the Nasdaq Capital Market and the subsequent voluntary deregistration of Till's restricted voting shares with the U.S. Securities and Exchange Commission. Till will continue to list its restricted voting shares on the TSX Venture Exchange. Till recently filed its Annual Report on Form 10-K for the year ended December 31, 2017. Future quarterly financial reports and additional corporate information will continue to be filed on the System for Electronic Document Analysis and Retrieval in Canada. After careful consideration, the Board concluded that the costs associated with operating as a reporting company in the U.S. and the attendant demands on management are not justified by the limited additional liquidity that has been provided in Till's restricted voting shares. Since listing on Nasdaq in 2015, the volume of trading in Till's restricted voting shares on Nasdaq has been inadequate to merit the additional costs of being dually listed in both Canada and the U.S.