RGI 0.00% 4.8¢ roto-gro international limited

Ann: Results of Meeting, page-12

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  1. 116 Posts.
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    http://venturelawcorp.com/canadian-securities-exchange-listing-requirements/ - Appears to be a good overview.

    https://thecse.com/support/listed-companies/policies - All CSE public policies

    https://webfiles.thecse.com/resource/CSE_Policy_2_-_Qualification_for_Listing.pdf?77Sm_PQ18oZeuBLH7VgACGX9dmE5OLvj - Policy relating to what is required to qualify to list. If they offer a holding company out for listing s1.7 then they need $2m and a few other points around there which may be it. not committing to that one, only very cursory look. or 2.2-2.5. maybe they need to change the ratio of their "builder shares" - definition at 2.2

    From the text chapter I posted earlier, It was essentially talking about a harmonisation between exchanges in Canada. the text did quote $2m for arms length holdings, and appeared to speak about Canada Generally. the book was published in 2012 though.

    The present Holdings appear to be either $200k for regular float or $1m arms length for a substantial float "(1) The CSE may waive various requirements if issuer has a substantial float ($1 million in arm’s length financing, 1 million in free trading shares, 200+ public shareholders, and 20% of issued and outstanding shares held by public holders."

    It's possible I've misheard 1 million for 2 million, or other there is a percentage of current issuance required to be held when cross/or dual listing. which Will require a deeper look.

    or, we just need the 200k which is much more manageable. or We get the $1m and make a substantial float.

    https://thecse.com/en/listings - or they are planning on listing with the TSX which trades on the CSE anyway as an "Alternative Market Security" which may bring the 2m back in. 




 
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