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Re:
News Releases - Thursday, February 11, 2010
Title:
NYSE Amex Accepts Pacific Rim Mining's Compliance Plan
PMU News Release #10-02
TSX, NYSE Amex Symbol PMU
February 11, 2010
NYSE Amex Accepts Pacific Rim Mining's Compliance Plan
Pacific Rim Mining Corp. ("Pacific Rim" or the "Company") received notice of acceptance by the NYSE Amex LLC ("NYSE Amex" or the "Exchange") of the Company's listing compliance plan (the "Plan"). The Plan was submitted to the NYSE Amex in response to notification from the Exchange in late November, 2009 of the Company's non-compliance with Section 1003(a)(iii) of the NYSE Amex Company Guide, having stockholders' equity of less than $6,000,000 at July 31, 2009, while sustaining losses from continuing operations and net losses in its five most recent fiscal years.
With the Exchange's acceptance of the Plan, the Company's NYSE Amex listing is expected to continue during the Plan period, up to May 11, 2011, subject to periodic review to determine whether the Company is making progress consistent with the Plan and conditions of NYSE Amex. If the Company is not in compliance with the continued listing standards at the end of the Plan period, or if the Company does not make progress consistent with the Plan during the period, then the Exchange may initiate delisting proceedings.
The Company's common shares continue to trade on the NYSE Amex under the symbol "PMU" with the trading symbol extension "BC" to denote non-compliance with the Exchange's continued listing standards while the Plan period is in effect. The Company's common shares also continue to be listed on the Toronto Stock Exchange ("TSX") in Canada under the symbol "PMU".
About the Company
Pacific Rim is an environmentally and socially responsible exploration company focused exclusively on high grade, environmentally clean gold deposits in the Americas. Pacific Rim's primary asset and focus of its growth strategy is the high grade, vein-hosted El Dorado gold project in El Salvador. The Company owns several similar grassroots gold projects in El Salvador and is actively seeking additional assets elsewhere in the Americas that fit its project focus. All references to "Pacific Rim" or "the Company" encompass the Canadian corporation, Pacific Rim Mining Corp, and its U.S. and Salvadoran subsidiaries, Pac Rim Cayman LLC, Pacific Rim El Salvador, S.A. de C.V., and Dorado Exploraciones, S.A. de C.V., inclusive.
On behalf of the board of directors,
"Thomas C. Shrake"
Thomas C. Shrake
President and CEO
To contact the Company about this news release call 604-689-1976 or 1-888-775-7097.
Forward-Looking Information
Information set forth in this document may involve forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Pacific Rim's control, including: the assessment by the Exchange that adequate progress is being made in achievement of the Plan; the ability of the Company to comply with NYSE Amex listing maintenance standards in the future; and the ongoing listing of the Company on the Exchange. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking information. Pacific Rim's actual results, programs and financial position could differ materially from those expressed in or implied by these forward-looking statements. Readers are urged to thoroughly review the Company's Risks and Uncertainties as outlined in its 2009 Annual Report.
The TSX and the NYSE Amex have neither reviewed nor accept responsibility for the adequacy or accuracy of this release.
Copyright � 2010 PACIFIC RIM MINING CORP. (PMU) All rights reserved. For more information visit our website at
http://www.pacrim-mining.com/
or send email to
general@pacrim-mining.com
..
Message sent on Thu Feb 11, 2010 at 2:24:42 PM Pacific Time
Pacific Rim Mining Corp
PRODUCER
CODE : PMU.TO
CUSIP : 694915208
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In the News and Medias of Pacific Rim Mining Corp
4/2/2013
Pacific Rim Mining files US$315m claim against El Salvador
11/19/2009
Pacific Rim Mining Corp.: CAFTA Proceedings Begin as Tribuna...
Financings of Pacific Rim Mining Corp
10/4/2012
Closes Private Placement Financing
4/20/2011
Financing Increased
4/7/2011
Undertaking Financing
10/8/2010
Closes Private Placement Financing
1/14/2010
Closes Private Placement Financing
8/28/2009
Resolution to Extend Expiration Date of Warrants Passed at P...
2/29/2008
Closes Private Placement Financing
Nominations of Pacific Rim Mining Corp
3/7/2012
Announces Changes to Board of Directors
Financials of Pacific Rim Mining Corp
12/11/2012
Announces Fiscal 2013 Second Quarter Results
9/7/2012
Announces Fiscal 2013 First Quarter Results
7/27/2012
Announces Fiscal 2012 Year End Results
3/5/2012
Announces Fiscal 2012 Third Quarter Results
12/13/2011
Announces Fiscal 2012 Second Quarter Results
9/15/2011
Announces Fiscal 2012 First Quarter Results
7/27/2011
Announces Fiscal 2011 Year End Results
3/16/2011
Announces Fiscal 2011 Third Quarter Results
3/16/2010
Announces Fiscal 2010 Third Quarter Results
12/7/2009
Announces Fiscal 2010 Second Quarter Results
9/10/2009
Announces Fiscal 2010 First Quarter Results
3/13/2009
Announces Fiscal 2009 Third Quarterly Results
12/15/2008
Announces Fiscal 2009 Second Quarterly Results
9/12/2008
Announces Fiscal 2009 First Quarterly Results
3/11/2008
Announces Fiscal 2008 Third Quarter Results
12/11/2007
Announces Fiscal 2008 Second Quarter Results
9/11/2007
Announces Fiscal 2008 First Quarter Results
3/13/2007
Pacific Rim Announces Fiscal 2007 Third Quarter Results
Project news of Pacific Rim Mining Corp
7/3/2008
(El Dorado El Salvador)
Suspends Further Drilling in El Salvador Until Mining Permit...
1/23/2008
Surface Trenching at Santa Rita Project Reveals High Grade G...
1/17/2008
(El Dorado El Salvador)
El Dorado Gold Project M&I Resources Top 1.4 Million Gold Eq...
8/2/2007
(El Dorado Project - South Minita)
's Balsamo Gold Deposit Delineation Nearing Completion; Anot...
4/10/2007
(El Dorado - Pacific Rim)
Balsamo Gold Zone on Pacific Rim Mining's El Dorado Project ...
3/27/2007
Zamora Project Yields High Grade Gold in Surface Trenching
Corporate news of Pacific Rim Mining Corp
6/7/2013
Adopts Advance Notice and Majority Voting Policies
6/7/2013
Adopts Advance Notice and Majority Voting Policies
5/6/2013
Announces Termination of the Hog Ranch Option Agreement and ...
4/1/2013
Statement Filed in Arbitration Case Against El Salvador; Pac...
10/25/2012
Negotiates Set Fee Structure for Final Phase of ICSID Arbitr...
9/25/2012
OceanaGold Corporation Takes Placement in Pacific Rim Mining...
9/21/2010
Undertaking Financing
8/19/2010
Notifies NYSE Amex of its Intent to Delist
8/3/2010
ICSID Tribunal Rejects Government of El Salvador's Prelimina...
5/31/2010
Cafta Hearing On Preliminary Objection Underway
3/4/2010
Provides Update on Exploration Focus and CAFTA Proceedings
2/11/2010
NYSE Amex Accepts Pacific Rim Mining's Compliance Plan
12/11/2009
Undertaking Financing
11/19/2009
CAFTA Proceedings Begin as Tribunal Constituted
11/12/2009
Receives NYSE Amex Notification
7/24/2009
Announces Fiscal 2009 Year End Results
4/30/2009
Subsidiary Commences CAFTA Arbitration Proceedings Against t...
2/12/2009
Defers Completion of El Dorado Fesibility Study
12/9/2008
Files Notice of Intent to Seek CAFTA Arbitration
10/3/2008
Provides Update on Denton-Rawhide Landfill Agreement
9/19/2008
Announces Head Office Cutbacks
7/22/2008
Announces Fiscal 2008 Year End Results
2/6/2008
Undertaking Financing
11/7/2007
Denton-Rawhide Land Sale Closing Date Extended
10/25/2007
Contact Information Update
7/23/2007
Announces 2007 Year-End Results
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TORONTO (PMU.TO)
FRANKFURT (PRM.F)
0.055
-15.38%
TORONTO
CA$
0.055
06/18
13:39
-0.010
-15.38%
Prev close
Open
0.070
0.065
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High
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0.065
Year l/h
YTD var.
0.040
-
0.100
-31.25%
52 week l/h
52 week var.
0.040
-
0.130
-21.43%
Volume
1 month var.
10,223
37.50%
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