Arehada Mining Limited
TSX : AHD

Arehada Mining Limited

April 11, 2011 09:20 ET

Arehada to be Delisted From TSX

TORONTO, ONTARIO--(Marketwire - April 11, 2011) - Arehada Mining Limited ("Arehada" or the "Company") (TSX:AHD) announces that the Toronto Stock Exchange (the "TSX") has determined to delist the Company's common shares effective at the close of market on May 9, 2011, following a hearing held on April 7, 2011. The delisting was imposed for failure by the Company to meet the original and continued listing requirements of the TSX, after it sold its principal business in a Chinese subsidiary.

The Company is looking into the qualifications for listing on NEX. It has engaged Deloitte & Touche LLP to perform the annual audit and expects to meet its continuous disclosure obligations by May 31, 2011.

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The above contains forward looking information that is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Generally, forward looking information can be identified by the use of forward looking terminology such as "plans", "expects", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Although we believe the expectations reflected in our forward looking information are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements. Readers should not place undue reliance on forward looking information.

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