NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: R
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Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced its receipt of conditional approval from the Toronto Stock Exchange (“TSX”) to graduate from the TSX Venture Exchange (the “TSXV”) and list its class A subordinated voting shares on the TSX. According to the update, final approval is subject to Canopy Rivers meeting certain standard and customary conditions required by the TSX. Upon receipt of final approval, Canopy Rivers will voluntarily delist its subordinated voting shares from the TSXV and commence trading under the ticker symbol “RIV” on the TSX. “This represents another important milestone for Canopy Rivers and demonstrates the Company’s continued growth and commitment to driving shareholder value,” Canopy Rivers President and CEO Narbe Alexandrian said in the news release. “We believe that a TSX listing will substantiate our strong commitment to corporate governance and provide us with exposure to a broad new investor base that will enhance liquidity.”
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