Jewett Cameron Trading Company

March 27, 2006 17:00 ET

Jewett-Cameron Trading Company Ltd. Announces Receipt of Nasdaq Letter of Reprimand

PORTLAND, Ore.--(CCNMatthews - Mar 27, 2006) -

Jewett-Cameron Trading Company Ltd. (the "Company") (NASDAQ:JCTCF) (TSX:JCT), announced that the Company received a Letter of Reprimand from the Nasdaq Stock Market on March 22, 2006, indicating that the Company was not in compliance with the requirements of Marketplace Rules 4350(d)(2), 4350(c)(3)(A), and 4350(c)(4)(A). There was no delisting of the Company's securities or other action as the Listing Qualifications Department stated that it closed the matters by issuance of the Letter of Reprimand.

NASDAQ advised in its letter that, "While the Company failed to comply with a number of Nasdaq's continued listing requirements, the failures do not appear to have been the result of a deliberate intent to avoid compliance and, further, the Company acted promptly to cure each deficiency after notice from Nasdaq."

Contact Information

  • Jewett Cameron Trading Company
    Donald M. Boone, 503-647-0110
    Facsimile 503-647-2272