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TSX Provides Guidelines on Stock Symbol Reservations

Posted by: · October 1st, 2012

The Toronto Stock Exchange (the “TSX”) published Notice to Issuers dated October 1, 2012 providing guidance with respect to stock symbol reservations.  It provides that applicants and listed issuers may request a specific stock symbol when applying to list or in the context of a name change, corporate reorganization or similar transaction. Applicants and listed issuers must provide a request in writing to the applicable listing manager and such request should include:…

Categories: TSX Rules

TSX Provides Guidance on Disclosure Requirements Where Security Holder Approval Required

Posted by: · September 28th, 2012

The Toronto Stock Exchange (the “TSX”) published Staff Notice 2012-0003 (the “Notice”) dated September 28, 2012 which provides guidance with respect to disclosure and other related requirements where a transaction is subject to security holder approval pursuant to the TSX Company Manual (the “Manual”). The Notice provides that listed issuers must disclose the material terms of the transaction either in the circular that will be mailed to security holders or in the form…

TSXV Issues Temporary Relief Measures

Posted by: · August 17th, 2012

In response to current difficult market conditions, the TSX Venture Exchange (the “TSX-V”) issued a temporary relief measures bulletin on August 17, 2012 (the “TRM Bulletin”), providing temporary relief from certain pricing requirements set out in TSX-V Policies.  In particular, in certain circumstances, the TSX-V is suspending until December 31, 2012: – the $0.05 minimum price for share or unit private placement offerings; – the $0.10 minimum conversion price for convertible…

TSXV Amends Policies 1.1 and 3.2 and Reminds of Ongoing Corporate Governance Requirements

Posted by: · February 29th, 2012

The TSX Venture Exchange (“TSXV”) issued a bulletin dated February 29, 2012 amending Policy 1.1 – Interpretation (“Policy 1.1”) and Policy 3.2 – Filing Requirements and Continuous Disclosure (“Policy 3.2”). The amendments address certain inconsistencies with applicable securities laws, remove redundant or unnecessary sections, and enhance the clarity of existing policy requirements and ensuring that their purpose and intent are properly reflected in the wording of Policy 3.2. The principal…

TSXV Issues Reminder of Ongoing Corporate Governance Requirements

Posted by: · February 24th, 2012

The TSX Venture Exchange (the “TSXV”) published a bulletin dated February 24, 2012 reminding of corporate governance requirements of Boards of Directors and Audit Committees. These requirements are principally set forth in Policy 3.1 – Directors, Officers, Other Insiders & Personnel and Corporate Governance of the Corporate Finance Manual (“Policy 3.1”). TSXV performs a regular review of all listed issuers to ensure compliance with these requirements. Board and Management Composition and Qualifications…


This blog discusses issues relevant to mining exploration and development companies carrying on business in Canada and around the world. Topics include acquiring and developing mineral projects, organizing and financing resource companies and mergers and acquisitions.

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