Courtesy of Benzinga.
Houston American Energy Corp. (NYSE: HUSA) today announced that it received notification from the NYSE MKT LLC (the “Exchange”) that it was not in compliance with the Exchange’s continued listing standards set forth in Section 802(a) of the NYSE MKT Company Guide the “Company Guide”), which section requires at least a majority of independent directors, and Section 802(B)(2)(a), which requires at least three members on a listed company’s audit committee. The deficiencies in question arose from the previously reported resignation as a director of Richard Howe.
