Trius Reactivates to the TSX Venture Exchange
Trius Reactivates to the TSX Venture Exchange
FREDERICTON, New Brunswick, Aug. 04, 2020 -- Trius Investments Inc. (TSXV: TRU.H) (“Trius” or the “Company”) is pleased
to announce that it has obtained final acceptance of the TSX Venture Exchange (“TSXV”) in respect of its application for
reactivation and graduation to the TSXV from the NEX Board of the TSXV as a Tier 2 investment issuer (the “Reactivation”).
Effective August 6, 2020, trading in the Company’s common shares will take place on the TSXV under the trading symbol
“TRU”.
The Company’s application for Reactivation was based on Trius re-attaining compliance with applicable TSXV listing
requirements. The Reactivation does not constitute a “Reverse Takeover” or “Change of Business” for purposes of TSXV
Policies.
The Reactivation is intended to continue Trius’ momentum following recent positive corporate developments, including:
advancing a $1,250,000 secured loan to Revive Organics Inc., a ready-to-eat meals business, as announced on March 20,
2020; amending its Investment Policy to provide additional flexibility, as announced on May 14, 2020; completing a $500,000
private placement financing, as announced on May 25, 2020; and investing in Pasofino Gold Limited (TSXV:VEIN) for exposure
to the mining sector, and in particular precious metals, as announced on July 28, 2020.
Completing the Reactivation and re-listing on TSXV is expected to enhance Trius’ market visibility and permit it to pursue a
wider range of investment structures and financing sources.
About Trius Investments Inc.
Trius is an investment issuer searching for new investments and/or business opportunities. Trius’ common shares are being
reinstated for trading on the TSX Venture Exchange under the symbol “TRU”.
Trius is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing venture capital markets
advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization
Canadian companies.
For further information, please contact:
Joel Freudman
President & Chief Executive Officer
Trius Investments Inc.
Phone: (647) 880-6414
Cautionary Statements
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains certain forward-looking statements, including statements regarding potential benefits of the
Reactivation. These statements are based on numerous assumptions believed by management to be reasonable in the
circumstances, including that Trius will be able to take advantage of greater opportunities following its TSXV re-listing, and are
subject to a number of risks and uncertainties, including without limitation: inability to source, structure and/or execute
investments or transactions on favourable terms or at all; need for additional financing; regulatory approval processes; and
those other risks described in the Company’s continuous disclosure documents. Actual results may differ materially from
results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing
factors and should not place undue reliance on such forward-looking statements. The Company does not undertake to update
any forward-looking statements herein except as required by applicable securities laws.