Newfoundland Goldbar Resources Inc.

May 28, 2009 09:44 ET

Newfoundland Goldbar Suspended From Trading

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwire - May 28, 2009) - Newfoundland Goldbar Resources Inc. (the "Company") (NEX:NGB.H) announces that The Company has been advised by the TSX Venture Exchange that the securities of the Company have been suspended from trading effective March 18, 2009 due to non-payment of NEX Listing Maintenance Fee.

The Company is also in default of Securities Regulations due to its failure to file annual financial statements for the year ended December 31, 2008 and has been added to the defaulting issuers' list.

The Company has also been advised by their Transfer Agent, Computershare, that all Stock Transfer services have been suspended effective April 1, 2009 due to non-payment of fees.

Should the Company be unable to rectify these deficiencies, it runs the risk of being delisted.

"Neither the 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"

Contact Information

  • Newfoundland Goldbar Resources Inc.
    Harold L. Wareham
    709-576-2236 (FAX)