InvestorsHub Logo
Followers 71
Posts 12140
Boards Moderated 4
Alias Born 11/24/2006

Re: MJV post# 75021

Tuesday, 10/20/2009 10:24:45 AM

Tuesday, October 20, 2009 10:24:45 AM

Post# of 118239
But it appears to be one more step that is in this process before it is made public..

Now this is before it is public information this the part that Gene maybe at right now where the TSX gives RCCs lawyers the letter of conditional approval that is outlinging any outstanding filing requirements and think Gene or whoever wrote that PR just called it guidelines.. He is using it to complete the transaction so if there is any outstanding requirements last minute adjustments they go about fixing them and send everything back to the TSX.

This is how I'm looking at it right now I could be wrong but this is my understanding of it..

Before made public..
From RCCHs Pr
"Benchmarks have been met and progress has been made relative to the TSX merger. Guidelines from the Exchange have been received and are being used by Management to complete the transaction."

TSX listing process from the TSX website
On approval for listing on TSX, your legal counsel will be provided with a letter of conditional approval, outlining any outstanding filing requirements as well as the final Original Listing Fee.
http://www.tmx.com/en/listings/listing_with_us/process/index.html
Based on this part looks like Gene could of had some last minute things to fix and papers to sign then they send it back in and wait for the TSX to make it public..

after it is made public: Which we are waiting on the Exchange in my opinion for..

Once conditionally approved for listing on TSX, you will receive an invitation for an optional listing ceremony to celebrate your status as a newly listed issuer. We will arrange for media coverage of the event, and will also introduce your company to the various TSX departments which you will deal with on a regular basis.

BIG BILLIONDOLLAR BILL 777


Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.