Information for Investors
Frequently Asked Questions

How does a company become listed on NEX?
TSX Venture Exchange companies that have fallen below TSX Venture Exchange's ongoing listing standards and are otherwise in good standing are eligible to transfer to the NEX board. NEX companies are generally transferred from TSX Venture Exchange 90 days after they fail to meet TSX Venture's ongoing listing requirements due to the low levels of their business activity.

What does this mean for investors in TSX Venture inactive companies?
Before NEX was created, companies that fell below TSX Venture's ongoing listing standards were designated "inactive" and given 18 months to meet the standards or be delisted. Now, companies may trade on NEX indefinitely, so existing shareholders of NEX companies have another chance of making a return on their investment (as delisting reduces investment potential).

As an investor, what should I be aware of when investing in NEX companies?
Companies listed on NEX have the opportunity to continue as public companies while they assess their business plans and operations, and formulate a strategy to reactivate their businesses for future growth. While some NEX companies will succeed in this endeavour, others may not. Therefore, investors should consider the risk level of their investment portfolios when assessing investment in a NEX company.