Kootenay Silver Inc. V.KTN

Alternate Symbol(s): KOOYF

Metals & Mining Silver

Kootenay Silver Inc. is a Canada-based exploration company engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico. It is focused on the expansion of its silver resources, new discoveries, and the near-term economic development of its priority silver projects located in mining districts in Sonora, state and Chihuahua, state, Mexico, respectively. Its projects include La Cigarra Silver Project, La Negra Silver Project, Promontorio Silver Resource, Columba Silver Project, and others. The La Cigarra silver project is located in the state of Chihuahua in the renowned Parral Mining district in north central Mexico. The La Negra silver discovery is situated only 7 kilometers north of the Promontorio Silver Resource within the Promontorio Mineral Belt, in the state of Sonora, Mexico. The Promontorio Silver Resource is situated on the Promontorio Mineral Belt Property that includes the La Negra silver discovery, located in the state of Sonora, Mexico.

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Kootenay Silver Inc. > KTN spinoff in a TFSA became non qualified investment

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Post by MerlinMagicianon Dec 04, 2021 6:19pm

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Post# 34199080

KTN spinoff in a TFSA became non qualified investment

I got a letter from the CRA stating that the new spinoff company 'Kootenay Resources' is a non qualified investment in a TFSA and I may be taxxed for holding it in my account. Has anyone else got this? And why is it a non qualified investment? Will it be listed on the Neo Exchange or something?

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