Save Canadian Mining is a movement to return market rules to the fair and transparent standard that helped deliver prosperity for over 142 years. Together, we can save Canadian mining.
In 2012 IIROC and CSA removed a trading rule known as the “tick test”, which restricted short selling to neutral or sales to positive price changes at the time of the sale. These changes were applied not only to the main listing venue of TSX Venture Exchange, but are equally applied across all Canadian trading venues, of which there are 14 today, reducing the TSX Venture’s ability to effect any change. Since the removal of the tick test, the Canadian markets have evolved, and there now exists a dynamic where short selling activities, high-frequency trading, and algorithms are exploiting the lack of a tick test to the detriment of Canada’s junior markets. We call on CSA and IIROC to evaluate re-instituting the tick test.
20 Minute Keynote Address
CEO - Chilean Metals
Mr. Lynch has had almost 30 years experience in sales, marketing, business start-ups and turnarounds. He has taken three companies public and been involved with several private to public merger transactions. His objective is to use his experience and network and capital to help small to medium size companies grow to the next level.