Mr. Irwin Olian reports
DESERT MOUNTAIN ENERGY ANNOUNCES SUSPENSION FROM TRADING ON THE TSX VENTURE EXCHANGE
As of March 7, 2019, the TSX Venture Exchange has suspended trading of Desert Mountain Energy Corp.'s securities as a result of a cease trade order issued by the B.C. Securities Commission and the Ontario Securities Commission. The company was in default by reason of the late filing of its interim statements for the period ended Dec. 31, 2018, and upon learning of this default, immediately filed these statements. The B.C. Securities Commission and the Ontario Securities Commission have now issued their revocation orders, and the company is now applying for reinstatement for trading on the TSX Venture Exchange.
About Desert Mountain Energy
The company is an exploratory resource company engaged in the exploration and development of helium, oil and gas, and mineral properties in the southwestern United States. Until Sept. 5, 2018, the company also owned the Yellowjacket gold project in Atlin, B.C., which it had been developing.
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