CEMATRIX Corp T.CEMX

Alternate Symbol(s): CTXXF

Building Materials Building Materials

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.

TSX:CEMX - Post by User

CEMATRIX Corp > Listing requirements

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Comment by BigJakeon Mar 30, 2023 10:11am

102 Views

Post# 35368998

RE:Listing requirements

LWillingdon wrote:
TSX – Industrial & Technology Companies Listing Requirements

Requirements

Pre-Tax Income Last Year

Pre-Tax Cash Flow Last Year

Minimum Operating History

Net Tangible Assets

# of Public Board Lot Holders

Minimum Free Trading Public Float

Value of Free Trading Public Float

Market value of Issued Securities to be Listed

Minimum Cash in Treasury

Minimum Additional Working Capital

Sponsorship Required

Note: (1) an applicant will be exempt from the sponsorship requirements if they have (a) net tangible assets of $7,500,000; (b) pre-tax income of at least $300,000; and (c) pre-tax cash flow of $700,000 in the fiscal year immediately preceding the filing of the listing application and an average pre-tax cash flow of $500,000 for the two fiscal years immediately preceding the filing of the listing application.

Requirements
Pre-Tax Income Last Year
Pre-Tax Cash Flow Last Year
Minimum Operating History
Net Tangible Assets
# of Public Board Lot Holders
Minimum Free Trading Public Float
Value of Free Trading Public Float
Market value of Issued Securities to be Listed
Minimum Cash in Treasury
Minimum Additional Working Capital
Sponsorship Required

The biggest thing that has to change here to make the listing to the TSX that I can see is the value of shares traded on a daily basis. Trading a couple thousand dollars of stock in a day isn't going to cut it, no matter how much we like this company

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