A short note that the CSE will no longer accept listing applications from reporting issuers that have been established by way of a Plan of Arrangement (“POA”). The CSE were bombarded by marginal companies that were set up to meet minimum listing requirements and then turn, either fail, or turn around and do something entirely different by way of RTO than they were represented to pursue as their business.
Meanwhile, there is a continuing shift of listings from the TSX Venture Exchange including its NEX Board as the CSE provides more flexibility with acceptable businesses (eg: marijuana related deals), less red tape particularly with straightforward securities transactions, and ongoing Exchange fees are drastically less.
We can assist with such transactions.