TSX Listing Process20 Mar 2020 21:23
Prospectus filing and review is a five-step process:
1.File a preliminary prospectus with the Exchange, your home province securities commission and other provincial jurisdictions where shares will be sold.
2.Regulatory authorities review the prospectus and inform your professional advisors of any deficiencies.
3.After all deficiencies are cleared to the satisfaction of the regulators, file an amended prospectus in final form.
4.The securities commission will issue a final receipt as acceptance of the prospectus.
5.This approval allows your company to begin selling shares in the provincial jurisdictions where a final receipt has been issued.
Am I right in thinking that the issue of this receipt is stage 4 of the process and we may not have to wait another 6 months and that the shares could be trading in 2 weeks or even Monday?
"RECEIPT
CIC Capital Ltd.
This is the receipt of the British Columbia Securities Commission for the Amended and Restated Preliminary Long Form Prospectus dated March 18, 2020 amending and restating the Preliminary Long Form Prospectus of the above Issuer dated December 23, 2019.
March 18, 2020
Michael L. Moretto
Michael L. Moretto, CPA, CA Chief of Corporate Disclosure
SEDAR Project Number: 3003035"