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Bullboard - Stock Discussion Forum Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.

GREY:NMKEF - Post Discussion

Nemaska Lithium Inc > Another for RAN lawyer
View:
Post by mick1888 on Sep 22, 2020 2:31am

Another for RAN lawyer

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?
Comment by mick1888 on Sep 22, 2020 2:45am
Would this constitute a legitimate complaint to the AMF (as nothing else seems to have breached their rules)?
Comment by dalesio_98 on Sep 22, 2020 4:15pm
Submit complaint to AMF plaintes@lautorite.qc.ca
Comment by bigkagan on Sep 22, 2020 4:27pm
TFSA and Calgary are just trolling you - no matter what you say they'll say it's not right
Comment by Calgary_AB on Sep 22, 2020 7:39pm
bigkagan the genius, unfortunatley tfsa and I are right and consistent....maybe aome here should start listening when we offer free advice.
Comment by dalesio_98 on Sep 22, 2020 2:01pm
Upon delisting from TSX, security is relegated to venture exchange, delisted nonetheless.
Comment by mick1888 on Sep 22, 2020 3:40pm
dalesio, I think you misunderstand the query. The point I was trying to get across, and wondering on the significance was the fact that NMX was delisted on 6 Feb 2020 (the occurrence), the notice was 11 Sept 2020 on Sedar. Whereas the National Instrument requires 'notice promptly after occurrence' i.e 7 months to report becoming venture issuer on Sedar is anything but prompt? In addition ...more  
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