The TSX Venture Exchange (the “Exchange”) is extending the deadline by which Issuers must pay their 2020 annual sustaining fees from March 31, 2020 to May 31, 2020.

This is the latest move by the Exchange in response to the COVID-19 pandemic. To provide additional relief to those Issuers who require it, the Exchange will also permit Issuers to pay their 2020 annual sustaining fees in installments, with the first installment of 50% of the annual sustaining fees due on May 31, 2020 and the balance due on July 31, 2020.

For more information please see:

For more information, please call Barbara Hendrickson at BAX Securities Law (416) 601 -1004.

This publication is not intended to constitute legal advice. No one should act on it or refrain from acting on it without consulting with a lawyer. BAX does not warrant or guarantee the accuracy or currency or completeness of the publication. No part of this publication may be reproduced without the prior written permission of BAX Securities Law.