Introduction (i) About this Guide This guide is intended to provide guidance regarding the application of Part III Original Listing Requirements of the TSX Company Manual (the “Manual”) to corporate issuers, and is not an exhaustive list of the applicable requirements. Therefore, this guide should be read in conjunction with Part III of the Manual. Non-corporate issuers should refer to the “Guide to Part XI of the TSX Company Manual: Requirements Applicable to Non-Corporate Issuers.” This guide refers exclusively to Toronto Stock Exchange (“TSX” or “Exchange”) requirements. Applicants may also be subject to other requirements such as other exchange rules or corporate or securities legislation, as applicable. All capitalized terms used, but not defined in this guide, have the meanings as set out in the Manual. This guide is organized into seven sections, as follows: Part I – Definitions Explanations of principal terms used in connection with original listing requirements (“OLR”), including appropriate capital structure, market capitalization, run rate calculations and working capital. Part II – Listing Categories Review of listing requirements applicable to (i) Diversified Companies; (ii) Mining Companies; and (iii) Oil & Gas Companies, as well as an overview of TSX Sandbox® and considerations regarding public distribution, management and IFRS reporting. Part III – Sponsorship Guidance on sponsorship reports, including when they are required. Part IV – Escrow Examination of the TSX Escrow Policy and its application. Part V – Other Requirements Guidance on (i) making listing representations; (ii) reserving a stock symbol; (iii) obtaining a CUSIP® confirmation; (iv) selecting a transfer agent and registrar; (v) selecting a newswire provider; (vi) creating a TMX LINX® profile; and (vii) the TSX Market Maker Program. Part VI – Documents to be Filed Overview of documentation required in connection with a listing application. Part VII – Resources on TSX Website Links to additional resources, including the Manual and TSX Staff Notices, and information on issuer fees, security based compensation arrangements, timely disclosure and market making. TORONTO STOCK EXCHANGE 4
RkJQdWJsaXNoZXIy MjgzMzQ=