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Re: Landmark8211111 post# 6761

Thursday, 01/22/2015 6:53:46 AM

Thursday, January 22, 2015 6:53:46 AM

Post# of 115380
There is NO Minimum share price, see this stock:T.CLL Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen.it is trading now at .045 cents and has been an active producer for many years.
I think this is where Mark is heading 1st, then when the SP is over $3.00 , he will apply on the BIG US exchanges, it only makes sense.TSX is a Mining and Energy, Financials focused exchange.

Listing Requirements of the Canadian National Stock Exchange - CNSX
The listing requirements for the CNSX are as follow
s:
fully reporting in at least one province in Canada,
not a blank check or inactive company,
minimum of 150 public stockholders holding a minimum board lot of 100 shares each,
minimum of 500,000 shares publicly held,
freely tradable shares must be worth a minimum of C $ 50,000,
operating companies must have achieved revenue from sale of goods or services,
non-operating entities must have a reasonable plan to develop an active business and the financial resources to carry out that plan,
either a cash generating capacity, or a recent history as a listed company and minimum working capital of C $50,000, or a minimum working capital of C $100,000,
officers, directors, related persons and investor relations persons associated with the company must have a clean record (clean RCMP and regulatory record),
company must not have entered into a settlement agreement with a securities regulator or other authority, known to be related to another offender, or have a consistent record of business failures (particularly with public companies),
agreement to comply with corporate governance requirements,
must have letter from market maker agreeing to act as a market maker for securities of company once approved for listing, and
business plan projecting the activities and financial condition of the company for 12 months from application date.

If you are planning to list of the CNSX feel free to print off our CNSX Listing Application Checklist.
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