GREY:LEWCF - Post by User
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Bentonstockson Aug 07, 2013 11:57am
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Post# 21654244
NEX Advantages at a Glance
NEX Advantages at a Glance - Simplified Rules: Companies falling below TSX Venture listing standards now have a place with simplified rules where they can trade while they seek additional opportunities to refinance, reactivate or reinvent themselves.
- Differentiates Companies: The clear separation of companies that meet and don't meet TSX Venture standards enables investors to more easily select companies appropriate to the risk level of their investment profiles.
- Gives Shareholders Another Chance: Existing shareholders of NEX companies have another chance of making a return on their investment (compared to delisting, which terminates investment potential).
- Smoothes Listing Transitions: NEX companies continue to maintain a relationship with TMX Group, smoothing the transition to active listed status on TSX Venture Exchange when and if the opportunity arises.
- Facilitates Connections: NEX's distinct profile facilitates connections between deal-makers exploring potential opportunities and company management examining reactivation alternatives.
- Provides a Going Public Alternative: NEX companies provide an easy-to-identify alternative entrance via a share exchange transaction for non-listed companies seeking a listing on a national exchange.
- Trades on TMX Group Technology: Trading on the NEX open auction market takes place on the same fully electronic system as TSX Venture Exchange, and is governed by identical trading rules.
- Improves the Main TSX Venture Stock List: TSX Venture Exchange, its listed companies and their investors benefit from the positive effects of an improved stock list composed of companies actively carrying on business and working to create shareholder value.