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TSXV cuts financing price limit, but not 'zombies'

The TSX Venture Exchange has temporarily removed its C5c minimum financing price in an effort to provide relief to companies seeking financing in the turbulent COVID-19 market.

Paul Harris
Price restriction removal keeping zombie companies alive

Price restriction removal keeping zombie companies alive

From April 8, the exchange lowered its minimum financing price to 1c from 5c, which will remain in effect through September 30, with the maximum number of shares to be issued limited to 100% of the current...

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