Corporate Governance Comparison Table: CSE and TSXV Requirements

Summary

This table compares the corporate governance requirements for public companies maintaining a listing on the TSX Venture Exchange ("TSXV") and Canadian Securities Exchange ("CSE"). The CSE provides details of corporate governance in Policy 4. The TSXV details its corporate governance guidelines in Policy 3.1, Part 19 of its Corporate Finance Manual. The guidelines state that issuers should consult National Policy 58-201: Corporate Governance Guidelines ("NP 58-201") and also provides further details related to compensation and audit committees which are summarized below.