Houston American Energy (HUSA) Reports Continued Listing Deficiencies and Extension of Period to Regain NYSE Compliance
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Houston American Energy Corp Announces Notification of Continued NYSE MKT Listing Deficiencies and Extension of Period to Regain Compliance
September 27, 2016 4:45 PM EDTHOUSTON, Sept. 27, 2016 /PRNewswire/ -- Houston American Energy Corp. (NYSE MKT: HUSA, or the "Company") today announced receipt, on September 26, 2016, of notification from NYSE Regulation that the Company continues to be in non-compliance with the NYSE MKT's continued listing standards and that the listing of the Company's common stock was being continued pursuant to an extension.
The notification cited continued failure to comply with Section 1003(a)(iii) of the NYSE MKT Company Guide (the "Company Guide") as a result of the Company's failure to maintain stockholders' equity of at least $6 million coupled with reported... More