Qualifying property. Qualifying property" means real commercial property that:
Qualifying property. Lion’s interest in Block 1 and Block 2B will satisfy the Initial Listing Requirements set out in Policy 2.1 of the TSXV Corporate Finance Manual such that, assuming satisfaction of all other Initial Listing Requirements, Taipan will qualify as a Tier 1 or Tier 2 oil and gas issuer on the TSXV upon completion of the Transaction.