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Published on 1/21/2014 in the Prospect News Distressed Debt Daily and Prospect News Private Placement Daily.

Colossus Minerals gold-linked notes to be delisted at Feb. 21 close

By Caroline Salls

Pittsburgh, Jan. 21 - Colossus Minerals Inc. said the Toronto Stock Exchange decided to delist its common shares, gold-linked notes and common share purchase warrants.

According to a news release, the securities will be delisted as of the close of business on Feb. 21 because Colossus does not meet the requirements for continued listing.

The securities were suspended from trading on Jan. 14 and will remain suspended, the release said.

In addition, the company said J. Alberto Arias resigned from the board of directors, leaving John Frostiak as the sole director of Colossus.

Based in Toronto, Colossus is a gold and platinum exploration and development company.


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