Stornoway to Lose Stock-Exchange Listing

RAPAPORT... The Toronto Stock Exchange is set to delist StornowayDiamond Corporation following the miner's move to seek creditorprotection. The company received notice from the bourse that it would be removed from the exchange at close of business on October 18, Stornoway said last week. The exchange has already suspended the company's shares fromtrading. Stornoway's major lenders agreed to take over the company after mounting debts forced it to default on a bridge loan, it explained earlier this month. The company will continue to manage the mine for thetime being. Image: The Renard mine. (Stornoway Diamond Corporation)