Pussim. We can apparently qualify for listing on
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(Total Views: 391)
Posted On: 12/05/2017 9:17:25 AM
Pussim. We can apparently qualify for listing on the TSX as a R&D company. Here are the basic requirements.
We have:
-Funds to cover planned R&D expenditures
-We'll need to issue securities to reach 12MM in the treasury (small number in the big picture)
-2 years operating history
-Adequate, experienced management
-Minimum 1MM free trading pulic shares
-Minimum 4MM shares held by public shareholders
-300 public shareholders with a board lot or more
-And a sponsor is generally required. Not sure about the sponsor.
This is according to TSX.com
https://www.tsx.com/
I'm not saying we're going to list, but if we issue some shares we will qualify.
We have:
-Funds to cover planned R&D expenditures
-We'll need to issue securities to reach 12MM in the treasury (small number in the big picture)
-2 years operating history
-Adequate, experienced management
-Minimum 1MM free trading pulic shares
-Minimum 4MM shares held by public shareholders
-300 public shareholders with a board lot or more
-And a sponsor is generally required. Not sure about the sponsor.
This is according to TSX.com
https://www.tsx.com/
I'm not saying we're going to list, but if we issue some shares we will qualify.
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