Novus stock still halted

Novus’ stock is still ineligible for trading after IIROC halted the stock “At the Request of the Company Pending News.” Novus was trading at $0.84 when the stock halted Wednesday Aug 28 at 8:37AM ET.

The company, which produces over 3,100 boe/d primarily Viking oil, initiated a value realization process with Coramrk and FirstEnergy.

Novus stock chart:

UPDATE: Novus Energy Inc. enters into definitive agreement to be acquired by Yanchang Petroleum International Limited