Rubicon Organics Inc. announced that it has received conditional approval to list the common shares and 3,150,000 warrants of the Company on the TSX Venture Exchange. The listing is subject to the Company fulfilling certain requirements of the TSX-V in accordance with the terms of its conditional approval letter dated July 23, 2020.
The Company is actively working to satisfy these conditions over the coming weeks and expects to commence trading on the TSX-V in September 2020. The Company will issue a further press release to inform shareholders once final approval has been obtained. The Company anticipates that the common shares will trade under the trading symbol “ROMJ” and the warrants will trade under the symbol “ROMJ.WT”.
“Moving our listing from the Canadian Securities Exchange to the TSX-V marks another important milestone on our journey to become Canada’s leading organic cannabis company,” said Jesse McConnell, CEO of Rubicon Organics. “We believe that listing on the TSX-V will provide the Company and its shareholders with greater liquidity and enhanced market access for Canadian and international investors.”
Rubicon Organics Inc., through its wholly owned subsidiary Vintages Organic Cannabis Company Inc., is a licensed producer focused on cultivating and selling organic certified, super-premium cannabis from its flagship 125,000 sq. ft. state-of-the-art hybrid-greenhouse located on a 20-acre property in Delta, BC, Canada.