On March 30th, 2023, the Canadian Securities Exchange (the “CSE”) announced that substantial amendments (the “Amendments”) had been made to their policies (the “CSE Policies”), which officially came into effect on April 3rd, 2023. Although the Amendments have an impact on all of the CSE Policies, the focus of this bulletin will be on “Policy 2 – Qualification for Listing” (“CSE Policy 2”), “Policy 4 – Corporate Governance and Miscellaneous Provisions” (“CSE Policy 4”), and “Policy 6 – Distributions” (“CSE Policy 6”). The Amendments should be of particular interest to issuers currently listed on the CSE (“Listed Issuers”) as well as issuers considering listing on the CSE.
Source: Amendments to Canadian Securities Exchange Policies