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Highlights
- The TSX Venture Exchange has confirmed Canasil’s eligibility for Tier 2 listing status.
- Canasil’s listing has been transferred from the NEX board to the TSX Venture Exchange.
- The company’s trading symbol has been updated from CLZ.H to CLZ.
- Canasil recently received a CAD 400,000 option payment related to the Brenda property.
Canasil Resources Inc. (TSX-V: CLZ) (DB Frankfurt: 3CC) shared an upbeat update following a bulletin issued by the TSX Venture Exchange on February 5, 2026, confirming that the company has met the eligibility requirements for TSX Venture Tier 2 status.
Effective at market open on Monday, February 9, 2026, the company’s listing moved from the NEX board to the TSX Venture Exchange. Its tier designation changed from NEX to Tier 2, and the Filing and Service Office transitioned from NEX to Vancouver.
The company’s trading symbol has changed from CLZ.H to CLZ, and it is classified under the mining sector.
Capital Structure: The company is authorized to issue an unlimited number of no-par-value common shares, with 153,814,280 shares currently issued and outstanding.
Escrow: No shares are subject to escrow.
Reflecting on the update, Bahman Yamini, President and CEO of Canasil, commented; “We are very pleased to have fully completed the process of recovering from the Cease Trade Order of December 2023, and with reinstatement to TSX-V Tier 2 as before, and trading under our previous symbol TSX-V: CLZ, we can now focus on advancing and maximizing the potential from the Company’s exceptional Silver-Gold-Copper exploration project portfolio in BC, Canada, and Durango and Zacatecas States, Mexico. We would like to thank our Directors and management team, auditors, and staff at British Columbia Securities Commission and TSX Venture Exchange for their support and assistance in achieving this result”.
Last week, Canasil Resources also reported progress on a strategic option tied to its Brenda gold–copper–silver property, following receipt of a CAD 400,000 first-anniversary payment from AuRORA Minerals Ltd. The payment relates to the ongoing joint venture, which is jointly owned by Freeport-McMoRan Mineral Properties Canada Inc. and Amarc Resources Ltd., and is linked to continued exploration activity in British Columbia. To know more, read here.
