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Temporary relief from certain private placement pricing requirements
In a Bulletin dated April 12, 2013, the TSX Venture Exchange extended a program providing for temporary relief from certain private placement pricing requirements until August 31, 2013. These temporary measures will permit, in limited circumstances, an issuer listed on the TSX Venture Exchange to price a share/unit offering at an offering price below $0.05, to offer a convertible debenture with a conversion price below $0.10 and to offer a warrant with an exercise price below $0.10.