Entree Resources Ltd T.ETG

RE: AMEX Listing

[paperperson]

Amex rules are fairly relaxed these days. I don't think Entree meets standard 1 or 2, but I do think it would qualify under Standard 3. That standard imposes no long-term time restraints, and only calls for 400 public shareholders and a little ongoing market cap. Here are the rules, from the amex site: https://www.amex.com/ "Equities Listing Requirements": Listing Standards for U.S. Companies -- The American Stock Exchange has established certain quantitative and qualitative standards for the initial listing of U.S. companies. Quantitative Standards Standard 1: Shareholders' equity $4 million Pre-tax income $750,000 in last fiscal year or in two of the last three fiscal years Distribution1 800 public shareholders and 500,000 shares publicly held OR 400 public shareholders and 1 million shares publicly held OR 400 public shareholders, 500,000 shares publicly held, and average daily trading volume of 2,000 shares for previous 6 months Price $3 Market value public float $3 million Standard 2: Shareholders' equity $4 million History of operations 2 years Distribution 800 public shareholders and 500,000 shares publicly held OR 400 public shareholders and 1 million shares publicly held OR 400 public shareholders, 500,000 shares publicly held, and average daily trading volume of 2,000 shares for previous 6 months Price $3 Market value public float $15 million Standard 3: Shareholders' equity $4 million Total market capitalization $50 million Distribution 800 public shareholders and 500,000 shares publicly held OR 400 public shareholders and 1 million shares publicly held OR 400 public shareholders, 500,000 shares publicly held, and average daily trading volume of 2,000 shares for previous 6 months Market value public float $15 million Standard 4: Total market capitalization $75 million OR Total assets and revenue of $75 million each in the most recent fiscal year or in two of the last three fiscal years Distribution 800 public shareholders and 500,000 shares publicly held OR 400 public shareholders and 1 million shares publicly held OR 400 public shareholders, 500,000 shares publicly held, and average daily trading volume of 2,000 shares for previous 6 months Price $3 Market value public float $20 million ( Public shareholders and public float do not include shareholders or shares held directly or indirectly by any officer, director, controlling shareholder, or other concentrated (10 percent or greater) affiliated or family holdings.)