Chuck should do this ?!!’ The temporary policy under Covid has now been permanently amended to allow TSX Venture cos to issue shares at a minimum 1 penny per share. Since MTX is trading below the 5 cents redline, Chuck should consider issuing 100 million shares at 1 penny per share to raise $1.0 million dollar.
"In April 2020, the Exchange published a bulletin that revised the minimum price at which listed shares may be issued from CA$0.05 to CA$0.01 in certain circumstances. Under the Temporary Relief, if the market price of an issuer’s listed shares was not greater than CA$0.05, the minimum price at which that issuer could issue its listed shares was equal to that market price, subject to a minimum price of CA$0.01."