Examples of TSXV Policy in a sentence
The Company is classified as a Capital Pool Company, as defined in the TSX-V Policy 2.4, and its sole business is to identify, evaluate and negotiate an acquisition or participation in a business or an asset, subject to receipt of shareholder approval and acceptance by regulatory authorities (the “Qualifying Transaction”).
Until July 16, 2014, Roughrider was a Capital Pool Company as defined in the TSX Venture Exchange (“TSX-V”) Policy 2.4. During that period of time, the Company’s sole business was the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction (also defined in TSX-V Policy 2.4).
As a Tier 2 Issuer (as defined in TSX-V Policy 1.1), the escrowed common shares are released over 36 months.
In connection with the completion of the IPO, the Company entered into escrow agreements (the "Escrow Agreements") with several directors and senior officers of the Company, Mega and UEC pursuant to the National Policy and the TSX-V Policy.
DISCLOSURE OF MANAGEMENT COMPENSATION In accordance with the requirements of Section 19.5 of TSXV Policy 3.1, the Company provides the following disclosure with respect to the compensation of its directors and officers during the period:1.
An exemption from the valuation requirement is available to Outrider as Outrider is not listed on the prescribed stock exchanges under TSX-V Policy 5.9 and MI 61-101 and Outrider intends to rely upon such exemption.
If Kaizen does not issue a news release to fix the exercise price pursuant to TSXV Policy 4.4, the Discounted Market Price is calculated using the last closing price before the date of the grant (less the applicable discount).
Disclosure of Management Compensation In accordance with the requirements of Section 19.5 of TSXV Policy 3.1, the Company provides the following disclosure with respect to the compensation of its directors and officers during the most recently completed financial quarter:1.
Notwithstanding any other provision of this Plan, at all times when the Corporation is listed on the TSXV, no person retained to provide Investor Relations Activities shall receive any grant of Share Units in compliance with TSXV Policy 3.4.
As part of the transition, the Company adopted the 2016 Plan that is compliant with the TSXV Policy 4.4. As a result, no new stock options can be granted under the 2009 Plan.