(Total Views: 264)
Posted On: 08/02/2019 1:32:40 PM
Post# of 86968
You are correct jrt03.
There is no statutory hold period before a company can be listed on the CSE.
The four month and a day hold period is on the FINANCING as you read. The TRANSACTION between Rewardstream and Euromed cannot be completed until the FINANCING is completed. That effectively prevents Euromed from listing until the four month and a day hold is over and the financing is in fact completed. The CSE has already given preliminary approval to Euromed to list so we should have smooth sailing Sept. second. That is my interpretation of the information submitted to SEDAR. I'm not a lawyer but it seems clear to me. I would welcome your comments.
There is no statutory hold period before a company can be listed on the CSE.
The four month and a day hold period is on the FINANCING as you read. The TRANSACTION between Rewardstream and Euromed cannot be completed until the FINANCING is completed. That effectively prevents Euromed from listing until the four month and a day hold is over and the financing is in fact completed. The CSE has already given preliminary approval to Euromed to list so we should have smooth sailing Sept. second. That is my interpretation of the information submitted to SEDAR. I'm not a lawyer but it seems clear to me. I would welcome your comments.
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