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Re: m0n post# 44444

Wednesday, 01/15/2025 6:59:44 PM

Wednesday, January 15, 2025 6:59:44 PM

Post# of 76692
Unless the halt didn't originate with Finra ......

5.12 Trading Halts
(1) The Market Regulator will normally halt trading if:
(a) the Listed Issuer requests a halt, during trading hours, to allow for the
dissemination of Material Information - the Market Regulator must be advised
of the Material Information and halt request as soon as possible by phone so
that the Market Regulator may determine whether a trading halt is warranted
pending the filing and dissemination of the news release;
CSE – Policies – Effective April 3 2023 Page 7 of 9
(b) rumours are circulating in the marketplace that might influence or change a
reasonable investor’s investment decision;
(c) unusual trading activity suggests that Material Information is selectively
available - the Market Regulator may require that the Listed Issuer either
disseminate an initial news release if it has not yet done so, or a further news
release to rectify the situation;
(d) the Listed Issuer is not in compliance with the terms of its Listing Agreement or
any Exchange Requirement or applicable securities law;
(e) the Listed Issuer has issued an inaccurate, inadequate or misleading news
release or the Issuer has issued a news release but has not requested a halt
pending public dissemination of the news, and the market reacts sharply; or
(f) circumstances exist which, in the opinion of the Exchange or the Market
Regulator, could adversely affect the public interest or the integrity of the
market.
(2) Where rumours or unusual trading activity are not based on undisclosed Material
Information, the Market Regulator may halt quotation and trading pending the release
and dissemination of a “no corporate developments” statement. When the rumours or
unusual trading activity are based on whole or in part on undisclosed Material
Information, the Market Regulator may halt trading and quotation pending the release
of the Material Information.
(3) The Market Regulator, upon consultation with the Listed Issuer, if appropriate, will
determine the time required to disseminate the news release and consequently the
length of any quotation and trading halt.
(4) A Listed Issuer may request a halt in quotation and trading of its securities pending
public disclosure of Material Information concerning the Issuer.
(5) In the event a Listed Issuer requests a halt in quotation and trading of its securities,
the Listed Issuer shall disseminate a news release as soon as practicable and in any
event within 24 hours of the halt, either:
(a) disclosing the Material Information; or
(b) advising that the halt is at the request of the Listed Issuer and that public
disclosure is pending.
In the case of (a), the halt shall be lifted after dissemination of the news release.
In the case of (b), the halt shall continue unless the Exchange or the Market Regulator
determines resumption of quotation and trading is in the public interest.
(6) It is not appropriate for a Listed Issuer to request a halt if an announcement of Material
Information is not going to be made forthwith.
(7) A Listed Issuer may request a halt if Material Information is to be kept confidential and
disclosure delayed temporarily.
(8) Throughout the period during which a Listed Issuer’s securities are halted, Dealers
shall not quote or trade the securities of the Issuer on any marketplace or over-thecounter as principal or agent.
CSE – Policies – Effective April 3 2023 Page 8 of 9
5.13 Documents Required to be Posted
(1) Subject to section 5.13(2), every Listed Issuer must Post the following documents
(unless the disclosure contained therein is Posted in a CNSX Form):
(a) every document required by the Policies;
(b) every document required to be:
(i) filed with any Securities Regulatory Authority for a jurisdiction in which the
Listed Issuer is a reporting issuer or equivalent; or
(ii) delivered to security holders; or
(iii) filed on SEDAR,
and such documents must be Posted concurrently or as soon as practicable
following the filing or the delivery;
(c) an annually-updated management discussion and analysis to be Posted
concurrently with the audited financial statements for Listed Issuers that are not
exempt from the requirement to provide management discussion and analysis;
(d) a Quarterly Listing Statement (current as of the last day of the relevant quarter,
to be Posted concurrently with a Listed Issuer’s unaudited interim financial
statement required under applicable securities law, and for an NV Issuer no
later than 45 days from the last day of the relevant quarter;
(e) if the Listed Issuer is not an NV Issuer, a Monthly Progress Report (Form 7)
current as of the last day of each month (whether or not the month is also the
end of a quarter or year), to be Posted before the opening of trading on the fifth
Trading Day of the following month; and
(f) an Annual Listing Statement completed to reflect all changes to information
appearing in the previously Posted Listing Statement or Annual Listing
Statement to be Posted concurrently with the Listed Issuer's audited annual
financial statements, or for an NV Issuer, a Form 51-102F2 Annual Information
Form no later than 90 days from the NV Issuer’s financial year end.
(2) In respect of every debt security listed on the Exchange, the Listed Issuer must Post
the following documents (unless the disclosure contained therein is Posted in an
Exchange-specific Form):
(a) every document required to be:
(i) filed with any Securities Regulatory Authority for a jurisdiction in which the
Listed Issuer is a reporting issuer or equivalent; or
(ii) delivered to security holders of the Issuer; or
(iii)filed on SEDAR,
and such documents must be Posted concurrently or as soon as practicable
following the filing or the delivery; and
(b) an Annual Listing Statement completed to reflect all changes to information
CSE – Policies – Effective April 3 2023 Page 9 of 9
appearing in the previously Posted Listing Statement or Annual Listing
Statement to be Posted concurrently with the Listed Issuer's audited annual
financial statements, or for an NV Issuer, a Form 51-102F2 Annual Information
Form no later than 90 days from the NV Issuer’s financial year end.

https://webfiles.thecse.com/resource/Policy_5_-_Timely_Disclosure_Trading_halts_and_Posting.pdf?pk19wglTGczzzFNIci3V8AB1e_GDbe_G

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