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BULLETIN TYPE: Notice to Issuers
BULLETIN DATE: September 11, 2009
Re: End of Temporary Relief Measures Period
Background
On November 3, 2008, the TSX Venture Exchange (the "Exchange" or "we") published a bulletin (the "First TRM Bulletin") which set out certain temporary relief measures which the Exchange made available to existing Exchange listed issuers facing conditions of immediate or imminent financial hardship.
Under the First TRM Bulletin, the temporary relief measures were to expire on March 31, 2009 (the "Temporary Period"). The Exchange published a second bulletin on March 6, 2009 which extended the Temporary Period to September 30, 2009.
General
Except as set out below with respect to qualifying transaction deadlines, we confirm that the Temporary Period expires at the end of business on September 30, 2009. Consequently, any market participant seeking to benefit from any temporary relief measure set out in the First TRM Bulletin must apply in writing to the Exchange prior to the close of business on September 30, 2009.
CPCs and QT Completion
With respect to CPCs, any CPC required to complete its qualifying transaction any time prior to March 31, 2010 may apply to the Exchange under the temporary relief measures for an extension of that period to March 31, 2010. Any such extension application must be received by the Exchange prior to the close of business on September 30, 2009 in order to be considered for approval.
Questions
If you have questions about the information in this bulletin, please contact:
In British Columbia: Andrew Hancharyk, Phone: 604-602-6982, Fax: 604-844-7502.
In Alberta: Roy Homyshin, Phone: 403-218-2826, Fax: 403-234-4338; or Peter Varsanyi, Phone: 403-218-2860, Fax: 403-234-4211.
In Ontario: Tim Babcock, Phone: 416-365-2202, Fax: 416-365-2224.
In Québec: Louis Doyle, Phone: 514-788-2407, Fax: 514-788-2421; or Sylvain Martel, Phone: 514-788-2408, Fax: 514-788-2421.
