CNSX Listing Agreement
posted on
Dec 30, 2009 05:57PM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
FORM 4
LISTING AGREEMENT
IN CONSIDERATION of the listing of the securities referred to in the Issuer’s Listing Statement or in consideration of the subsequent listing of all other securities, the undersigned (hereinafter called the “Issuer”) hereby agrees with Canadian National Stock Exchange (hereinafter called “CNSX”) that:
1.The Issuer shall, and shall cause its Related Persons, employees, agents, and consultants to comply, be bound by and observe all existing regulations, by-laws, rules and policies of CNSX and all amendments and additions which may hereafter be made thereto and all applicable legal requirements including, but not limited to, those of its incorporating statutes, all laws, rules, regulations, policies, notices and interpretation notes, discussions, annals and directives of all securities regulatory authorities having jurisdiction over the Issuer and with all other laws, rules and regulations applicable to its business or undertaking.
2.Without limiting the generality of paragraph 1 hereof the Issuer shall:
(a)furnish to CNSX or the CNSX Market Regulator, at any time upon demand, all such material information or documentation concerning the Issuer as CNSX may require;
(b)not issue any securities without making the requisite postings required by the CNSX Policies;
(c)maintain transfer and registration facilities in the City of Toronto where all listed securities shall be directly transferable and registrable, and no fee shall be charged for the transfer and registration of such securities (other than government stock transfer taxes);
(d)have on hand a sufficient supply of certificates to meet demand for the transfer of share certificates, such certificates to be in accordance with CNSX specifications, unless the class of securities is entirely book-based;
(e)post all forms, notices, particulars, reports, statements and information required by the CNSX Policies or otherwise by CNSX, in such detail and form, as CNSX may from time to time demand;
(f)make prompt public disclosure of any material information, whether favourable or unfavourable, in accordance with CNSX’s Policies; and
(g)pay, when due, all applicable fees established by CNSX.