BCN 2012/19 - Effective date of TSX Venture Exchange Recognition Order [BCN]
On July 11, 2012, the Commission issued a revised recognition order for TSX Venture Exchange Inc. (TSXV) reflecting the proposed acquisition by Maple Group Acquisition Corporation of TMX Group Inc. The revised TSXV recognition order is effective when:
- Maple completes its initial take-up of a minimum of 70% of the outstanding shares of TMX Group and
- Maple, TMX Group, TSX Inc. and the original Maple shareholders (Transaction Group) delivers signed undertakings.
The Transaction Group delivered the attached undertakings on July 31, 2012 and Maple completed the initial take up on August 10, 2012. As a result, the revised TSXV recognition order is effective August 10, 2012.
August 10, 2012
Brenda M. Leong