Z-Gold Exploration Inc. (TSX-V: ZGG) Announces That Its Common Shares Have Resumed Trading
June 14 2010 - 5:42PM
Marketwired
Z-Gold Exploration Inc. ("Z-Gold" or the "Corporation")(TSX
VENTURE: ZGG) announces that its common shares listed on the TSX
Venture Exchange Inc. which were suspended from trading as a result
of being cease-traded in Alberta since May 5, 2010, in Ontario
since May 7, 2010 and in British Columbia since May 11, 2010, for
failure by Z-Gold to file its audited annual financial statements
for the financial year ended December 31, 2009, the management's
discussion and analysis relating thereto and the certificates of
the Corporation's Chief Executive Officer and Chief Financial
Officer (the "Required Filings"), in accordance with National
Instrument 51-102 Continuous Disclosure Obligations and National
Instrument 52-109 Certification of Disclosure in Issuer's Annual
and Interim Filings.
On May 25, 2010, the Required Filings have been filed on SEDAR
by the Corporation. On June 8, 2010, the cease trade orders issued
by the Ontario Securities Commission, the Alberta Securities
Commission and the British Columbia Securities Commission were
revoked.
The Corporation has been advised by the TSX Venture Exchange
Inc. that trading in the shares of the Company is scheduled to be
reinstated on June 15, 2010.
About Z-Gold Exploration Inc.
The head office of Z-Gold is located at 15, rue Gamble East,
Suite 204, Rouyn-Noranda, QC J9X 3B6. Z-Gold Exploration Inc. is
exploring for gold in the Abitibi Greenstone Belt.
Z-Gold has acquired the Munro Gold property located in the
Timmins mining camp. The Munro Property consists of five mining
leases containing 85 claims (91 units) located approximately 86
kilometres east northeast of the city of Timmins in the Larder Lake
Mining Division, Ontario.
Z-Gold Exploration Inc. is a publicly listed company trading on
the TSX Venture (ZGG).
This document may contain forward-looking statements relating to
Z-Gold's operations or to the environment in which it operates.
Such statements are based on operations, estimates, forecasts and
projections. They are not guarantees of future performance and
involve risks and uncertainties that are difficult to predict and
may be beyond Z-Gold's control. A number of important factors could
cause actual outcomes and results to differ materially from those
expressed in forward-looking statements, including those set forth
in other public filling. In addition, such statements relate to the
date on which they are made. Consequently, undue reliance should
not placed on such forward-looking statements. Z-Gold disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, save and except as may be required by applicable
securities laws.
This press release was prepared by Z-Gold Exploration Inc.
Neither the TSX Venture Exchange Inc nor its Regulation Services
Provider (as that term is defined in the Policies of the TSX
Venture Exchange) has reviewed or accepts responsibility for the
adequacy or accuracy of this release.
Contacts: Rodrigue Tremblay President and CEO 1-800-388-8668
819-797-8668 zgoldexploration@gmail.com