TSX-V offers Temporary Relief for Issuers in August 17th, 2012 Bulletin
August 20, 2012
TSX Venture Exchange (“TSXV” or the “Exchange”) is mindful of the current market environment faced by many of its listed issuers and the effect that this is having on both their ability to complete financings and, correspondingly, their ability to maintain and preserve their existing operations, activities and assets.
In order to facilitate the ability of Issuers to complete financings, specifically those Issuers subject to immediate or imminent financial hardship, the Exchange will, on a temporary basis and subject to compliance with the conditions referenced in this bulletin, be granting relief from certain existing pricing requirements related to Private Placement financings. These temporary measures (the “Relief Measures”) will be effective as of the date of this bulletin and continue until December 31, 2012 (the “Temporary Relief Period”)
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