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Bullboard - Stock Discussion Forum Sonoro Energy Ltd. V.SNV

Alternate Symbol(s):  SNVFF

Sonoro Energy Ltd. is a Canada-based oil and gas company. The Company is focused on oil and gas exploration and production in Canada and abroad, including the Middle East/North Africa (MENA) region. The Company has drilled two wells in Saskatchewan. The Well 11-30-32-23 W3 was a vertical well and the Well 14-29-32-23 W3 was a Waseca formation multi-lateral horizontal well with four horizontal... see more

TSXV:SNV - Post Discussion

Sonoro Energy Ltd. > does this apply to SNV
View:
Post by copperplay on Jan 22, 2022 12:04pm

does this apply to SNV

Delisting criteria – Market value

The extraordinary drop in stock prices resulting from the COVID-19 pandemic has caused a sudden drop in the market capitalizations of TSX-listed issuers, in some cases resulting in issuers no longer satisfying the minimum market value tests required under TSX continued listing requirements. The Staff Notice states that the TSX will not apply the minimum market value tests (the market value of the issuer’s securities is less than $3,000,000 over any period of 30 consecutive trading days, or the market value of the issuer’s freely tradeable, publicly held securities is less than $2,000,000 over any period of 30 consecutive trading days) in the context of a delisting review until December 31, 2020.

Comment by Saskberger on Jan 22, 2022 12:47pm
Not for the venture https://www.google.ca/search?q=tsx+venture+minimum+listing+requirements&ie=UTF-8&oe=UTF-8&hl=en-ca&client=safari   cheers   
Comment by copperplay on Jan 23, 2022 8:44am
thanks Sask hard to believe we are even having this discussion in 2022 of $3 million or less market cap should hear soon if these idiots continue down this rabbit hole of Selat and Jimmy or sell the shell we now own as shareholders so can recoup some of our losses make sure you all send in your votes at the AGM if and when they announce 
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