Burcon NutraScience Corp T.BU

Alternate Symbol(s): BRCNF

Chemicals Specialty Chemicals

Burcon NutraScience Corporation is a Canada-based global technology company focused on the development of plant-based proteins for foods and beverages. The Company has an extensive patent portfolio covering its novel plant-based proteins derived from pea, canola, soy, hemp and sunflower seeds, among other plant sources. The Company is engaged in the production of hemp protein isolate and provision of contract research services. Its products include hempseed protein, canola protein, pea proteins and protein blends. Its hempseed protein isolate extraction and purification/production process can produce a high-quality protein ingredient that contains 95% pure protein. It extracts and purifies a canola protein isolate from canola meal. It has branded this protein isolate under the trade name Puratein C. Peazazz is a soluble, clean and neutral-tasting pea protein. It provides consulting and contract services, product and process development, and process scale-up and validation.

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Burcon NutraScience Corp > Earnings

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Comment by imartinon Nov 15, 2021 5:30pm

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Post# 34129317

RE:RE:Earnings

Looking at the NASDAQ delisting rules, it doesn't seem to me as if a delisting risk is imminent.

https://finance.zacks.com/nasdaq-delisting-rules-7450.html

- Failure of a company to meet a minimum closing bid price of at least $1 for 30 consecutive trading days can trigger delisting.

- When this happens Nasdaq issues a deficiency notice to the company.

- After receiving a deficiency notice, a company has 180 calendar days to return to compliance. A company warned about its shares' minimum bid price must achieve a closing price of $1 or more for 10 consecutive trading days during this period.

Am I missing anything here?

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