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Coloured Ties Capital Inc V.TIE

Alternate Symbol(s):  APEOF

Coloured Ties Capital Inc. is a Canada-based investment company. The Company is focused on investing in early-stage commercial ventures and provides investee companies with capital market access and advisory services. The Company invests in equity, debt and convertible securities, which the Company intends will be acquired and held both for long-term capital appreciation and shorter-term gains. The Company’s investment strategy also includes structuring and initiating deals focused on resources, themes, or regions as well as launching the development of businesses in select industries by helping with the hiring of management teams, providing seed capital and facilitating the transition of such private companies to the public market.


TSXV:TIE - Post by User

Post by Rakaposhion Jul 28, 2021 4:04pm
174 Views
Post# 33617947

Lack of communication..

Lack of communication.. For some reason or other, I do not receive any paper info from Growmax. Nothing by mail, although all my other mail from RBC Direct makes it here just fine. I just read some of the disclosures and it seems they only recently obtained the needed approvals and new filings from PWC.

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Company Proposed Change of Business
The Company intends to complete the previously announced proposed change of business from mineral exploration to an
investment issuer (the “Proposed COB”) under the policies of the TSX Venture Exchange (the “TSXV”). The Proposed
COB was announced by the Company in a press release issued on July 11, 2019 and further described in its press release
issued on August 27, 2019. As announced by the Company in a press release issued on May 20,2021, the completion of the Proposed COB was delayed due to the Company’s former auditor, PwC, denying consent to the use of their name or use in
whole or in part, of the financial statements on which they provided an opinion for the years ended December 31, 2017 and
2018 in the filing statement. The Company has filed a revised filing statement with the TSXV.
Final approval of the Proposed COB by the TSXV remains subject to a number of conditions. Trading in the Company's
shares will remain halted until the TSXV conditions to allow trading to resume have been satisfied.
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