• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Genetics Market
    Genetics News
    Genetics Stocks
    • Genetics Market
    • Genetics News
    • Genetics Stocks

    Resverlogix Announces TSX Review Update

    Gabrielle Lakusta
    Apr. 12, 2018 09:06AM PST
    Genetics Investing

    Resverlogix (TSX:RVX) announced today it has received a 30-day extension to no later than May 14, 2018 for the TSX’s review of the Company’s compliance with all of the TSX listing requirements. As quoted in the press release: As previously reported, as a result of the Company’s reliance upon the financial hardship exemption in connection …

    Resverlogix (TSX:RVX) announced today it has received a 30-day extension to no later than May 14, 2018 for the TSX’s review of the Company’s compliance with all of the TSX listing requirements.

    As quoted in the press release:

    As previously reported, as a result of the Company’s reliance upon the financial hardship exemption in connection with the Company’s previously-announced $87 million private placement with Shenzhen Hepalink Pharmaceutical Co. Ltd., the TSX commenced an automatic remedial delisting review, which is normal practice when a listed issuer relies on this exemption. The Company anticipates further improving its financial position by raising additional capital, including closing a previously-announced US$30 million senior secured loan.

    Click here to read the full press release.

    private placementtsx:s
    The Conversation (0)

    Go Deeper

    AI Powered
    QNB Metals (CSE:TIM.X)

    QNB Signs Definitive Agreement, Finalizes Terms for Biofuel and Hydrogen Technology

    Medical pills branded with Canadian flag.

    Canadian Pharma Stocks: 5 Biggest Companies

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Genetics Investing Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×