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ARTICLE · 15 DECEMBER 2020

TSX Venture Exchange: Updates To Capital Pool Company (CPC) Program

The TSX Venture Exchange (the Exchange) recently announced a series of positive amendments to the Exchange's CPC program that are expected to take effect on January 1, 2021 (the Amendments).

CanadaCorporate/Commercial Law

The TSX Venture Exchange (the Exchange) recently announced a series of positive amendments to the Exchange's CPC program that are expected to take effect on January 1, 2021 (the Amendments). The Amendments reflect a revitalization of the CPC program and will provide greater flexibility and incentivization to market participants who wish to use the program.

Briefly, the CPC program provides an alternative method for private companies to list on the Exchange. Since its inception, the program has been a keystone in attracting high-growth companies to the Exchange and provides private companies looking to obtain access to the Canadian capital markets with a streamlined path to listing.  Subject to the receipt of requisite regulatory approvals, the Amendments will become effective on January 1, 2021. 

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