Canada:
TSX-V Provides Guidance Regarding Waivers Of Minimum Pricing Requirement
17 April 2014
Stikeman Elliott LLP
To print this article, all you need is to be registered or login on Mondaq.com.
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.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Corporate/Commercial Law from Canada
Time Really Is "Of The Essence"
Taylor McCaffrey
We've all seen these provisions in agreements, but there appears to be some confusion as to the real impact of these words and why they are needed in the first place.
Foreign Divorce Can Undermine Bid For Spousal Support
Torkin Manes LLP
Families today are increasingly mobile, often driven by a work-from-anywhere mindset. But when a couple that has ties to more than one country decides to separate, the question of which country's...
