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More than 10% of Canadian mining & metals companies delist in 2014/15

A new study by professional services firm EY has highlighted the fact that more than 10% of the mining and metals companies listed on the TSX and TSX-V had delisted during 2014 and 2015.
The main reasons for delisting were owing to mergers and acquisitions (M&A) activity (41%); on a voluntary basis (33%); for a failure to meet continuous listing requirements (33%) and owing to formal insolvency proceedings (10%).