CSE CHANGES LISTING AND FUNDAMENTAL ACQUISITION REQUIREMENTS
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