The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length disposition of its wholly owned subsidiary, Centrifuges Unlimited Inc., to GEA Canada Inc. for $10-million cash, subject to customary working capital and net debt adjustments.
For further details, please refer to the company's news releases dated Sept. 18, 2023, and Nov. 1, 2023.
Company tier reclassification
In accordance with Policy 2.5, the company has not maintained the requirements for a Tier 1 company. Therefore, effective at the open, Monday, Nov. 6, 2023, the company's tier classification will change from Tier 1 to Tier 2 (industrial issuer).
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