TORONTO, Sept. 13, 2012 /CNW/ - DELISTING REVIEW: Great Basin Gold Ltd. (the "Company") - TSX is reviewing the Common Shares, Debentures and Warrants (Symbols: GBG, GBG.DB and GBG.WT) of the Company with respect to meeting the continued listing requirements. The Company has been granted 30 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process. About TMX Group TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada ( Montreal, Calgary and Vancouver), in key U.S. markets ( New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup. SOURCE TMX GROUP INC.
Shares of Great Basin Gold (AMEX:GBG) were gapping down Thursday morning with an open price 10.3% lower than Wednesday's closing price. The stock closed at 78 cents yesterday and opened today's trading at 70 cents.
Great Basin Gold (AMEX:GBG) hit a new 52-week low Monday as it is currently trading at 85 cents, below its previous 52-week low of 86 cents with 473,981 shares traded as of 10:35 a.m. ET. Average volume has been 2.7 million shares over the past 30 days.