I did a very brief search of TSX listing requirements.

In the Venture Law document I think RVX meets all of the criteria except possibly 2 which I do not have information about;

• Minimum Cash In The Treasury - C$12,000,000.
• Minimum Additional Working Capital - Two years coverage.

Does or will RVX meet theses financial criteria? I'm not a lawyer so I'm not even sure what this means but it seems straight forward. RVX needed a 60 day extension so it would appear they could not meet the criteria back then.

The TSX Financial Hardship Exemption document looks quite fair and reasonable.

It does seem to imply that RVX needs to come up with funding by Apr 12th or get another extension.

links - The TSX listing requirements

THE TSX FINANCIAL HARDSHIP EXEMPTION FROM SECURITY HOLDER APPROVAL

http://blg.com/en/News-And-Publications/Documents/publication1304_EN.pdf

Listing Requirements for the TSX – Venture Law

http://venturelawcorp.com/listing-requirements-toronto-stock-exchange-technology-life-sciences/

Stikeman

https://www.stikeman.com/en-ca/kh/canadian-securities-law/tsx-provides-guidance-on-financial-hardship-exemption-submissions

These are old documents. Perhaps the lawyers or accountants could provide insight?

GLTA - The wait time for $ should be short and the nature of the financing will tell us lots about the future strategically. We won't have an SSA by April 12th will we?

Toinv