December 14, 2020
On December 1, 2020, the TSX Venture Exchange (the “TSXVE”) announced changes to its Capital Pool Company (“CPC”) program in response to market participant feedback and industry consultation, with an aim to increase use of the program. The amendments to the TSXVE’s Corporate Finance Manual, most of which will be reflected in Policy 2.4 – Capital Pool Companies, will become effective on January 1, 2021, assuming the receipt of all required regulatory approvals. In this update, we summarize certain significant changes to the CPC program.
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