Verona Development Corp.

Published : September 25th, 2009

UPDATE RE CEASE TRADE ORDER PENDING FILING OF YEAR END FINACIAL STATEMENTS

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Recovery |
=======================================================================
Re:   News Releases - Thursday, September 24, 2009
      VERONA DEVELOPMENT CORP. - CEASE TRADE ORDER PENDING FILING OF
      YEAR END FINACIAL STATEMENTS
=======================================================================

Vancouver, British Columbia, September 24, 2009 -- Verona Development
Corp. (TSX.V: VDC) provides an update on its progress in the filing of
a comparative financial statement and the related Management Discussion
& Analysis (together the "Statements") for its financial year ended
March 31, 2009, and interim period ended June 30, 2009.  The Company
has completed the Statements for the year ended March 31, 2009 and has
turned over the Statements to its auditor, Charlton & Company, with the
intention of filing the Statements as soon as the audit has been
completed.  The Company will file the Statements for the interim period
ended June 30, 2009 promptly thereafter.

A Cease Trade Order (the "CTO") has been issued in respect of its
securities by the British Columbia Securities Commission.  The
Company's shares remain suspended by the TSX Venture Exchange (the
"Exchange").  The Company's shares will be reinstated for trading only
after the Cease Trade Order is revoked and the Exchange is satisfied
that the Company meets Tier Maintenance Requirements ("TMR") and other
requirements of the Exchange.  The Exchange has advised that if the CTO
is not revoked or if the Company's shares are not reinstated for
trading on Tier 2 by November 9, 2009, the Exchange will transfer the
securities of the Company to the NEX on November 9, 2009.  The Company
is currently working on the Statements with its auditors and intends to
apply to the Exchange for reinstatement prior to November 9, 2009.

On Behalf of the Board of Directors
Verona Development Corp.

Signed "Rod Husband"

Rod Husband, P.Geo
Director

Contact:
Investor Relations: (604) 681-4653 or 1-866-282-8398
Email: info@veronacorp.com (Email address obfuscated: enable JavaScript
to view) or visit our Website: www.veronacorp.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements including but
not limited to comments regarding the timing and content of upcoming
work programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements
address future events and conditions and therefore, involve inherent
risks and uncertainties. Actual results may differ materially from
those currently anticipated in such statements.

=======================================================================
Copyright (c) 2009 VERONA DEVELOPMENT CORP. (VDC)  All rights reserved.
 For more information visit our website at http://www.veronacorp.com/
or send mailto:info@veronacorp.com
Message sent on Fri Sep 25, 2009 at 9:18:33 AM Pacific Time
=======================================================================
.
<

Verona Development Corp.

CODE : VDC.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Verona Development is a oil development stage company based in Canada.

Verona Development produces oil, natural gas in China, and holds various exploration projects in Canada.

Its main asset in production is SHILOUBEI CBM in China and its main exploration property is GAINSBOROUGH SOUTH in Canada.

Verona Development is listed in Canada. Its market capitalisation is CA$ 1.6 millions as of today (US$ 1.6 millions, € 1.2 millions).

Its stock quote reached its highest recent level on May 31, 2006 at CA$ 1.40, and its lowest recent point on December 04, 2008 at CA$ 0.05.

Verona Development has 32 964 717 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Verona Development Corp.
2007 Annual Report
Nominations of Verona Development Corp.
12/23/2009Appoints New Officers
12/22/2009Appoints New Director
Corporate news of Verona Development Corp.
3/11/2010Announces Filing of its 51-101 Report
1/27/2010Announces Resignation of Director and Establishes Board Comm...
9/25/2009UPDATE RE CEASE TRADE ORDER PENDING FILING OF YEAR END FINAC...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (VDC.V)
0.0500
TSX-V
CA$ 0.050
12/04 12:49 -
0%
Prev close Open
0.070 -
Low High
0.050 0.050
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.050 -%
Volume 1 month var.
0 -%
24hGold TrendPower© : -37
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.94+9.34%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.55%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.65+11.34%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.62+1.93%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+5.65%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.62+1.00%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :