• Revocation of Approved Status for Warranting and Delivery of the No. 1 Mining Corporation Silver Brand from the Physically-Delivered COMEX Silver Futures Contract

      • From
      • Registrar's Office
      • #
      • MKR09-28-23C
      • Notice Date
      • 28 September 2023
      • Effective Date
      • 28 September 2023
    • DATE:            September 28, 2023

      MKR#:           09-28-23C    

      SUBJECT:   Revocation of Approved Status for Warranting and Delivery of the No. 1 Mining Corporation Silver Brand from the Physically-Delivered COMEX Silver Futures Contract

       

      Effective immediately, Commodity Exchange, Inc. (“COMEX” or “Exchange”) has delisted the No. 1 Mining Corporation (brand mark: BURMA MINES) silver brand (the “Brand”) from its current brand list for delivery against the Exchange’s physically-delivered Silver futures contract.

      As a result of current U.S. sanctions, the Brand has been removed from the list of Exchange approved Brand marks as provide in Chapter 7 of the Exchange Rules. The Brand will no longer be deemed, or reported as, eligible for registration and is not currently stored in an Exchange-approved depository.  Accordingly, the Exchange is taking the actions set out in this notice in respect of the Former Approved Brands pursuant to Exchange Rule 703.C.

       

      The Commodity Futures Trading Commission (CFTC) will be notified of the aforementioned via the weekly notification procedures set out in Part 40 of the CFTC’s Regulations.

       

      Please refer questions on this subject to:

      Registrar’s Office:

      Kyle Miller                                 Kyle.Miller@cmegroup.com                   +1 312 341 3436

      Research:

      Joann Arena                              Joann.Arena@cmegroup.com                +1 212 299 2356