In accordance with TSX Venture Exchange Policy 2.4, capital pool companies, CJL Capital Inc. has not completed a qualifying transaction within the prescribed time frame. Therefore, effective Thursday, Dec. 20, 2012, the company's listing will transfer to the NEX, the company's tier classification will change from Tier 2 to the NEX, and the filing and service office will change from Montreal to the NEX.
As of Dec. 20, 2012, the company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.
The trading symbol for the company will change from CJL.P to CJL.H. There is no change in the company's name, no change in its Cusip number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX-V.
Further to the TSX-V bulletin dated Sept. 11, 2012, trading in the shares of the company will remain suspended. Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.