The Exchange has determined that Braingrid Limited (the “Issuer”) has not met the continued listing requirements as set out in CSE Policy 2, Appendix A section 2.9.
Further to Policy 3, section 5 “A Listed Issuer must meet the Continued Listing Requirements to remain listed in good standing. The Exchange may designate an issuer as inactive, assign it to a different industry segment, suspend trading or delist an issuer that does not meet Continued Listing Requirements.”
The .X extension is added to the listed securities of Issuers that the Exchange has deemed to be inactive.
Braingrid Limited (BGRD.X)
Le 12 novembre/November 2020
Braingrid Limited has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidation common shares for every one hundred (100) pre-consolidation common shares.
As a result, the outstanding shares of the company will be reduced to approximately 1,388,419 common shares
The name and symbol will not change.