18:36:07 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Pacific Silk Road downgraded to NEX

2023-12-08 16:43 ET - Symbol Change

Further to the TSX Venture Exchange bulletin dated Feb. 2, 2022, and the company's news release dated Feb. 22, 2023, effective at opening on Tuesday, Dec. 12, 2023, trading in the shares of the company will be suspended for failure to maintain exchange requirements.

In accordance with TSX Venture Exchange Policy 2.5, the company has not maintained the requirements for a TSX Venture Exchange Tier 2 company. Therefore, effective at the opening on Tuesday, Dec. 12, 2023, 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 Vancouver to the NEX.

As of Dec. 12, 2023, the company is subject to restrictions on share issuance and certain types of payments as set out in NEX policies.

The trading symbol for the company will change from PP to PP.H. There is no change in the company 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 Venture Exchange market.

Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.

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