Rochester,NY 8/28/2009 11:18:27 PM
GreenHunter Energy, Inc.,GRH-NYSE Amex LLC has accepted plan to regain compliance with the exchange’s listing criteria
GreenHunter Energy, Inc
GREENHUNTER ENERGY, INC., one of the diversified renewable energy companies focused on wind development projects, biomass power generation and the production of biodiesel, recently declared that the NYSE Amex LLC has accepted GreenHunter’s plan to regain compliance with the exchange’s listing criteria as disclosed in a Press Release dated June 3, 2009.
In a letter to the Company dated August 20, 2009, the NYSE Amex showed that it had determined that GreenHunter’s plan, submitted to the exchange on June 29, 2009, made a reasonable demonstration of the Company’s ability to regain compliance with the exchange’s listing standards. Further, though the Company is not currently in compliance with certain of the exchange’s listing standards, the exchange has granted GreenHunter until November 30, 2009 to regain compliance with Section 1003 (a)(iv) and until November 29, 2010 to regain compliance with Sections 1003 (a) (i, ii and iii) of the exchange’s Company Guide.
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