TSX-V provides guidance regarding waivers of minimum pricing requirement

April 8, 2014

The TSX-V issued guidance yesterday regarding the specific circumstances in which the exchange will consider waiving the $0.05 minimum pricing requirement generally applicable to financings. According to the TSX-V, while the exchange is not generally amenable to waiving the requirement, it will consider waiver requests on a case-by-case basis, treating certain circumstances more favourably, such as rights offerings and pending share consolidations.

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