Further to the TSX Venture Exchange bulletins dated Nov. 5, 2019, and April 9, 2020, the exchange has been advised that the cease trade orders issued by the British Columbia Securities Commission dated Nov. 4, 2019, and the subsequent order dated April 8, 2020, have been revoked.
A news release was issued on May 14, 2021, announcing that the company will not be proceeding with its proposed transaction previously announced on Nov. 26, 2020. The transaction contemplated would have constituted a reverse takeover as defined under exchange Policy 5.2.
Effective at the opening, Thursday, July 29, 2021, trading will be reinstated in the securities of the company.
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