RE:Anyone know why ..Firstly.. it was the TSX-Venture they were on previously. They had voluntarily applied to delist after they got approval to list on the CSE.
Secondly, the reason is that the TSX-V means higher costs to maintain reporting as well as certain capital market requirements. Many companies are now opting for the CSE for these reasons.
I imagine they will move back to a senior index when the time is right, and it might not be the TSX.
"We are delighted to be transitioning our listing to the Canadian Securities Exchange, an exchange that better suits our current capital market needs," said Ashish Malik, Chief Executive Officer of BVT. "We are incredibly excited about what is ahead for BVT and look forward to continue updating our shareholders with new developments over the coming months."