GREY:NMKEF - Post by User
Comment by
dalesio_98on Sep 22, 2020 2:01pm
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RE:Another for RAN lawyer
RE:Another for RAN lawyer mick1888 wrote: A recent post on Sedar 11 Sept 2020 - re National Instrument 51-102 (Continuous Disclosure Obligation), Part 11.2 Change of Status, a) the reporting issuer becomes a venture issuer. NI 51-102 states ' file a notice promptly after the occurrence'. The occurrence was removal of NMX from the stock exchange date 6 Feb 2020, and consequently 'issuer becomes a venture issuer' What is the interpretation of promptly? From 6 Feb to 11 Sept?
Upon delisting from TSX, security is relegated to venture exchange, delisted nonetheless.