Location: TSX Company Manual > Part VII Halting of Trading, Suspension and Delisting of Securities > D. Delisting Criteria > (5) Change In Business > Sec. 717.

(5) Change In Business E. Reinstatement of Listing

Sec. 717.

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(2 versions)
 
Up to Feb 3 2011Feb 4 2011 onwards

Where a listed issuer substantially discontinues its business (for example, through the sale of all or substantially all of its assets in one or more transactions) or materially changes the nature of its business (for example, through the acquisition of an interest in another business which represents the majority of the market value of the listed issuer's assets or when its board of directors approves the transaction which becomes the principal operating enterprise of the listed issuer), the listed issuer shall notify TSX following approval of the transaction by its board of directors. TSX will normally require that the listed issuer meet original listing requirements. Failure of the listed issuer to meet applicable original listing requirements may result in the delisting of its securities.


(5) Change In Business E. Reinstatement of Listing

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