On July 29, 2016, significant proposed policy changes (the “Amendments”) previously announced by the Canadian Securities Exchange (the “Exchange”) received approval from the Ontario Securities Commission and are now effective. A few Amendments are summarized below: $200,000 Minimum Working Capital for Non-Operating Companies In order to qualify for listing, an issuer that does not earn revenues is required to have at least $200,000 in working capital (after paying out listing