Nemaska Lithium Inc NMKEF

RE:RE:RE:RE:RE:TSX listing opening price

[CREAMSHOW]

Thanks for the link GLTA

lamothze wrote: No there is no minimum price. Also there is no need to stay above 1$ as I have heard countless times (AVP.TO has been under a dollar for years without any issue). Listing on the tsx is more about financial health then share price. There could be a premium on the financing but it will still dilute. Anyway I'm holding, I have covered my cost since I learned the hard way with Canada lithium. Here's a good overview of the requirements for listing on the tsx for mining companies. https://venturelawcorp.com/listing-requirements-tsx-mining/

CREAMSHOW wrote: I though there was a minimum share price for a uplisting to the TSX and I was asking because I thought a share rollback was comming. I don't know where the 30% premium on the average SP fits in??

lamothze wrote: What are you all talking about? It's just an uplisting fro? tsx venture to tsx. It's not an IPO. There is no price to set . It will trade at the same price than the day before the uplisting. The difference is that there will be a 50$ m private placement financing at a price not set yet. It will be set based on the average trading price of a certain period before it closes. So expect between 25-45 million share dilution.

CREAMSHOW wrote: How does the price get determined ? Can someone walk me through the process please Thanks!