Primo Nutraceuticals Inc BUGVF

RE:Explain Joel

[EDMINNEMA]

POLICY 3 SUSPENSIONS AND INACTIVE ISSUERS 1. Listing Agreement 1.1 The Listing Agreement authorizes the Exchange or the Market Regulator to halt and authorizes the Exchange to suspend trading in a Listed Issuer’s securities without notice and at any time or to delist the securities of a Listed Issuer if the Exchange or the Market Regulator, as the case may be, believes it is in the public interest. 2. Halts 2.1 The Exchange or the Market Regulator can order a trading halt to allow for public dissemination of material news pursuant to Policy 5. 3. Suspensions 3.1 The Exchange may without any prior notice suspend trading in a Listed Issuer’s securities if, at any time, the Listed Issuer fails to meet any of the requirements as set out in CSE Policies; or the Exchange considers it in the public interest to do so. 3.2 (a) Subject to section 5.3 for Inactive Issuers, if a Listed Issuer which has had its securities suspended pursuant to this Policy 3 or otherwise has, within 90 days from the date of such suspension, (i) cured the default or breach that gave rise to the suspension and (ii) paid the reinstatement fee set out in fee schedule of the Exchange, the Listed Issuer’s securities may resume trading. (b) The Exchange will extend the period of suspension for an additional 90 days if the Exchange is satisfied that the Listed Issuer has made progress towards curing the default or breach that gave rise to the suspension. 3.3 Throughout the period during which a Listed Issuer’s securities are suspended, the Exchange will not allow quotation or trading by Dealers in the securities of the Listed Issuer; the Exchange website will indicate that the Issuer’s securities have been suspended. Dealers may quote or trade the securities of the Listed Issuer on other marketplaces or over-the-counter unless prohibited under securities legislation or UMIR. 3.4 Throughout the period during which a Listed Issuer’s securities are suspended, the Listed Issuer must continue to comply with all applicable Exchange Requirements. 4. Delisting 4.1 Following a 90 day suspension the Exchange will, without any prior notice, delist a Listed Issuer’s securities unless the period of suspension has been extended in accordance with Section 3.2(b) of this Policy. Policy 3 – Suspensions and Disqualification August 2018 2 4.2 A Listed Issuer may at any time request that all or any class of its securities be delisted. Any such request must be made in writing and must identify the securities that will be the subject of the delisting. Pursuant to Policy 1 Section 2.1, the Exchange may, in its sole discretion, deny such request for any of the following reasons: (a) outstanding fees are owed to the Exchange; (b) the request is made in order to proceed with a transaction that is unacceptable to the Exchange or that the Exchange finds objectionable; (c) the Exchange believes it is in the public interest to deny such a request. 5. Application of Continued Listing Requirements A Listed Issuer must meet the Continued Listing Requirements to remain listed in good standing. The Exchange may designate an issuer as inactive, assign it to a different industry segment, suspend trading or delist an issuer that does not meet Continued Listing Requirements. 5.1 Notification An Issuer, upon receiving notice from the Exchange that it does not meet a