The week aheadThis week and next are likely to be the biggest weeks in the company's history. Here's what to expect with probable days:
Share Issuance / Financing Closes - Tuesday the 10th
Will occur with a news release.
As stated in the final prospectus doc on SEDAR, the closing date is now Tuesday Nov. 10.
Keep in mind, it may happen prior as well, so Monday (tomorrow) at the earliest.
Final Approval for TSX Uplisting - Wednesday the 11th
Will occur with a news release, any time after share issuance closes.
*this assumes of course that the share issuance is the final outstanding piece of mandated criteria that PYR has to meet as part of the uplisting process.
** if financing closes Monday ahead of schedule, could push uplisting forward as well.
Trading on TSX - Thursday / Friday 12th/13th
The final approval news release will state when trading on the TSX commences, which is usually either the very next day or two days after the news release.
* if financing closes Monday ahead of schedule, could push uplisting forward as well.
As an fyi, TMX has given PYR until late January to complete the whole process, so there is no fear of them missing some timeline. Here's the clause from the new final prospectus doc: "Final approval of the listing on the TSX is subject to the Company fulfilling all of the requirements of the TSX on or before January 19, 2021, including the completion of the Offering. **
Major Contract Announcement - Monday the 16th
Will occur by news release.
We all suspect this won't happen until either:
1/ the share issuance closes, so possibly any time from tomorrow the 9th, until next Wednesday the 11th and beyond, or
2/ until after the uplisting, any time from (at the earliest) next Tuesday the 10th to the week following.