TSXV:RHT.H - Post by User
Post by
SISBOOMBAHon Aug 18, 2024 12:58pm
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Post# 36184961
Reliq is now listed on the NEX Exchange - but not trading
Reliq is now listed on the NEX Exchange - but not trading | NEX is a separate board of TSX Venture Exchange. It provides a trading forum for listed companies that have fallen below TSX Venture's ongoing listing standards. Going forward, companies that have low levels of business activity or have ceased to carry on active business will trade on the NEX board, while companies that are actively carrying on business and pursuing growth and shareholder value will remain with the main stock list of TSX Venture Exchange. | | |
| This differentiation provides two distinct marketplaces - each with its own risk profile, unique characteristics and specific opportunities. NEX companies will benefit from the support and visibility provided by a listing and trading environment tailored to their needs, while the profile and reputation of TSX Venture Exchange companies will be enhanced as a result of the overall improved quality of the main TSX Venture stock list. With short, simple, easy-to-read rules and streamlined filing obligations, NEX reduces the complexity of complying with exchange policies - giving these companies more time to focus their efforts on reactivation. Gives Shareholders Another Chance: Existing shareholders of NEX companies have another chance of making a return on their investment (compared to delisting, which terminates investment potential). To learn more about NEX, click here. |