TSX extends temporary relief with respect to remedial review process

Posted on March 26, 2009

On March 26, 2009, the TSX published a notice continuing temporary relief to listed issuers with respect to the Remedial Review Process. Originally granted on November 3, 2008 due to "extraordinary market conditions", the relief extends the maximum time period that an issuer has to remedy deficiencies that triggered a delisting review from 120 to 210 days. Unless further extended, the relief continues until September 30, 2009.

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Canadian Securities Law Online - September 15, 2009 9:42 AM
As described in our post of March 26, the TSX earlier this year extended the temporary relief with respect to the Remedial Review Process, which had been originally granted on November 3, 2008, to September 30, 2009 unless further extended. The TSX ann...
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