AFL Capital Ventures Inc. Announces A Pre-Opening Trade To Meet Minimum Distribution Requirements.TORONTO -- In order to satisfy a condition set by the TSX Venture Exchange in the process leading to approval of its Qualifying Transaction, AFL AFL - American Federation of Labor AFL - American Football League (1960s) AFL - Above Floor Level AFL - AbsoFreakinLutely AFL - Abstract Family of Languages AFL - Active Fuel Length AFL - Aeroflot (Russian Airline, ICAO code) AFL - Afloat AFL - After Fader Listening (audio mixing) AFL - Air Force Letter AFL - Airborne Flying Laboratory AFL - Alberta Federation of Labour AFL - Approximate Full Load AFL - Arena Football League Capital Ventures Inc.(TSX VENTURE:AFL) ("AFL") is announcing that a pre-opening trade will occur today through the TSX Trading Services. The purpose of the trade is to meet minimum distribution requirements stipulating there be a minimum 200 shareholders each holding at least one board lot Board Lot A standardized number of shares defined by a stock exchange as a trading unit. In most cases, this means 100 shares. The purpose of a board lot is to avoid "odd lots" and to facilitate easier trading. It's more difficult for a broker to find a buyer for, say, 17 shares, than if everybody agrees to trade in 100 share lots. . The trade will involve 10,000 shares priced at $1.30 per share. AFL is listed on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.Notes: This exchange basically contains small-cap Canadian stocks and is home to a lot of high risk penny stocks. See also: Penny Stock, Toronto Stock Exchange under the trading symbol AFL. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. AFL Capital Ventures Inc. (TSX VENTURE:AFL) |
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