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Bullboard - Stock Discussion Forum Kootenay Silver Inc. V.KTN

Alternate Symbol(s):  KOOYF

Metals & Mining Silver
Kootenay Silver Inc. is a Canada-based exploration company engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico. It is focused on the expansion of its silver resources, new discoveries, and the near-term economic development of its priority silver projects located in mining districts in Sonora, state and Chihuahua, state, Mexico. Its projects include... see more

TSXV:KTN - Post Discussion

Kootenay Silver Inc. > KTN spinoff in a TFSA became non qualified investment
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Post by MerlinMagician on Dec 04, 2021 6:19pm

KTN spinoff in a TFSA became non qualified investment

I got a letter from the CRA stating that the new spinoff company 'Kootenay Resources' is a non qualified investment in a TFSA and I may be taxxed for holding it in my account. Has anyone else got this? And why is it a non qualified investment? Will it be listed on the Neo Exchange or something?
Comment by Newbie2021 on Dec 06, 2021 4:03pm
Received one as well, just phoned brokerage co. and had it moved to my cash account. Only had $8 and had to pay $5 just to move it. I guess you could leave it there and hope it starts trading soon.
Kootenay Silver Inc.