Stans Energy Corp V.HRE.H

I found the continuous listing reqs for tsxv tier 2 company

[TrickyGame]

Continued Listing Requirements 2.1 The following table sets out the Tier 2 Continued Listing

Requirements: Tier 2 Continued Listing Requirements Standard Industry Segments Mining 

Investment Public Distribution and Market Capitalization
(i) no less than 500,000 Listed Shares in the Public Float (ii) 10% of Listed Shares must be in Public Float (iii) Listed Shares in Public Float must have minimum market capitalization of $100,000 (iv) at least 150 Public Shareholders holding at least one Board Lot each, free of Resale Restrictions

Working Capital adequate Working Capital or Financial Resources of the greater of (i) $50,000 and (ii) an amount required in order to maintain operations and cover general and administrative expenses for a period of 6 months

Assets and Operations no requirements generally although the Exchange retains discretion to declare that an Issuer no longer meets Tier 2 Continued Listing Requirements if, in the Exchange’s opinion, the Issuer or its principle operating subsidiary substantially reduces or impairs its principal operating assets, ceases or discontinues a substantial portion of its operations or business for any reason, or seeks protection or is placed under the protection of any insolvency or bankruptcy laws or is placed into receivership

Activity either A or B below: A) For the Issuer’s most recently completed financial year: i) positive cash flow; ii) significant operating revenue; or iii) $50,000 of exploration or development expenditures. B) In aggregate, for the Issuer’s two most recently completed financial years, $100,000 of exploration or development expenditures

So it seems the company doesn't meet either the working capital reqs or B side of activity