Just 'some' of the COB requirements ..One would have to presume the officers and management of WER have addressed the following concerns ... “Change of Business” or “COB” means a transaction or series of transactions which will redirect an Issuer’s resources and which changes the nature of its business, for example, through the acquisition of an interest in another business which represents a material amount of the issuer’s market value, assets or operations, or which becomes the principal enterprise of the issuer. See Section 1.2 of this Policy for guidance on the general application of this definition to vertical or horizontal business integrations and resource Issuers… … Procedural Steps 5.1 Filing of Initial Documents The Initial Documents must be filed with the Exchange within 75 days after the news release announcing the COB Agreement or RTO Agreement. Failure to submit documents may result in a halt in trading…. 5.4 Exchange Review The Exchange will review the Initial Documents and provided there are no material deficiencies, will advise the Issuer that it may set a meeting date to approve the COB Transactions filed in furtherance of a COB or RTO must also be in compliance with any other relevant policies in the Manual (including Private Placements and Acquisitions and Dispositions of Non Cash Assets). … 5.12 Trading At the opening of trading two days after the issuance of the Final Exchange Bulletin, the securities of the Resulting Issuer will commence trading… Treasury Orders and Resale Restrictions 8.1 Securities issued pursuant to a COB or RTO may be subject to Resale Restrictions, including hold periods under applicable Securities Law. Scope of Policy The main headings in this Policy are: 1. Interpretation 2. Public Disclosure 3. Sponsorship and Trading Halt 4. Shareholder Approval 5. Procedural Steps 6. Application of Initial Listing Requirements 7. Vendor Consideration and Escrow 8. Treasury Orders and Resale Restrictions 9. Financial Statements 10. Other Requirements … Issuers are encouraged to contact the Exchange for a pre-filing consultation to ascertain whether such a transaction will be deemed a COB. … the Exchange may require that escrow or restrictions on resale or voting be placed on securities issued pursuant to those transactions. These restrictions may be required in situations where the transactions have been previously filed and accepted without such restrictions. In addition, when a series of transactions is deemed to constitute a COB or RTO, the Exchange may require that: (a) shareholder approval be sought for any prospective transaction forming a part of the COB or RTO; and (b) voting be restricted in respect of such shareholder approval. … Initial News Release When a COB Agreement or an RTO Agreement is reached, the Issuer must immediately submit a comprehensive news release to the Listed Issuer Services Department of the Exchange for review. … The Exchange will co-ordinate the timing of the news release with the Issuer in order to ensure proper dissemination … Pre-Filing Consultation In order to minimize the halt in trading, the Exchange recommends that the Issuer conduct a pre-filing consultation with the Exchange, particularly where the proposed COB or RTO may involve unique or unusual circumstances. … Requirements for Reinstatement of Trading … where the transaction is not subject to sponsorship: (i) the Exchange is provided with written confirmation from the Issuer’s legal counsel, confirming that a Pooling Arrangement is in place; and (ii) a comprehensive news release prepared and accepted by the Exchange in accordance with section 2.1, has been issued; (c) the Exchange has received a Personal Information Form (Form 2A) or, if applicable, a Declaration (Form 2C1) for each person who will be a director, senior officer, Promoter (including a Promoter as described in Policy 3.4 – Investor Relations, Promotional and Market – Making Activities) or other Insider of the Resulting Issuer; (d) the Exchange has completed all preliminary background searches it considers necessary or advisable; and (e) the Exchange has completed a preliminary assessment of the ability of the Issuer to satisfy Exchange Requirements following the COB or RTO and reviewed any potentially significant issues involving the COB or RTO. 3.5 Continuation of Halt/Subsequent Trading Halt Where the conditions in Section 3.4 of this Policy are satisfied, the Exchange may nonetheless continue or reinstate a halt in trading of the securities of an Issuer for reasons that may include: … Shareholder Approval 4.1 An Issuer must obtain Shareholder approval of a COB or an RTO before the Completion Date. … Shareholder approval must be obtained at a meeting or by consent: (a) by a majority of votes cast by Shareholders where the transaction is an Arm’s Length Transaction; …