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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  T.EXRO.WT | T.EXRO.WT.A | EXROF

Industrials
Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Exro Technologies Inc > Uplisting to TSX Question
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Comment by KLocketton Jan 13, 2021 5:06pm
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Post# 32287758

RE:Uplisting to TSX Question

RE:Uplisting to TSX Questionhttps://www.weirfoulds.com/assets/uploads/Going-Public-in-Canada-WeirFoulds-Edition.pdf

Pretty long..... Look at page 19. It seems to me that you would need atleast 12 million in operating costs, to cover any fees. It does say a profit or atleast 200 gs. My understanding is with their operating costs and a sponsor they meet all the requirements. I had the same question before. This was another's answer.

10M in treasury ..... got it
Products in an advanced state of development.... got it
1M freely traded shares..... got it
300 public shares holders each holding at least a board lot of shares (100)...... got it
Qualified management ..... got it
Minimum 50M market cap..... got it

They needed that last share issue to ensure they had the last requirement which was the 10M in treasury.
If needed I don't doubt that they can find a sponsor from the list of partners they are presently working with.
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