CannTrust Holdings (CSE:TRST) announced it received conditional approval from the Toronto Stock Exchange (TSX) to list its common shares on the exchange. The company also announced the appointment of a new director, Shawna Page.
As quoted in the press release:
“Graduating to the TSX represents yet another important milestone for CannTrust as we continue on our successful journey as one of Canada’s leading cannabis companies,” said Eric Paul, Chief Executive Officer of CannTrust.
CannTrust’s listing on the Canadian Securities Exchange played an important role in the publicly recognized growth of the Company and this new listing on the TSX will allow a broader range of investors to participate in the CannTrust story.
Final approval of the listing is subject to CannTrust fulfilling certain standard and customary conditions required by the TSX, to be finalized on or before the TSX imposed deadline of May 21st, 2018. CannTrust is confident that it will satisfy all requirements and will release a statement immediately following the issuance of the TSX bulletin confirming the date on which shares of CannTrust will commence trading on the TSX. Upon completion of the final listing requirements, CannTrust’s common shares will simultaneously be delisted from the Canadian Securities Exchange and begin trading on the TSX.
CannTrust is also pleased to announce the appointment of Shawna Page as a Director of the Company. Shawna brings years of experience in both the capital markets, as well as the consumer retail markets. Shawna spent 10 years working at Merrill Lynch Canada, followed by 10 years at TD Securities where she was Managing Director and Chief of Staff.