Cline shares drop 75%

The Toronto Stock Exchange closed lower on Friday, capping its third consecutive week of losses. Cline shares plummeted after the company announced that it would delist from the stock exchange effective June 21. Cline lost 75%, or 3c, to close at 1c. Eastcoal lost 20%, or 1c, at a higher than normal trading volume after announcing Thursday that it would resume full financing of its Vertical mine.

Staff Reporter

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