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July 21, 2023

	&nbsp;

	The Canadian Securities Exchange (CSE) has received regulatory approval to introduce&nbsp;changes to the CSE trading fee schedule that will take effect on August 1, 2023.&nbsp; The changes will not affect the CSE2 trading fee schedule.&nbsp;

	&nbsp;

	A description of changes is as follows:

	&nbsp;

	For CSE Listed Securities less than $1:

	•&nbsp;The new rate will be $0.00015 per share.

	•&nbsp;A flat fee of $2 will be introduced for volumes equal to or greater than 200,000 shares.

	&nbsp;

	For TSX-V Listed Securities equal to or greater than $1:

	•&nbsp;The new Active rebate will be $0.0012.

	&nbsp;

	For TSX Listed Securities equal to or greater than $1:

	•&nbsp;The new Active rebate will be $0.0012.

	•&nbsp;A flat fee of $2 will be introduced for volumes equal to or greater than 200,000 shares.

	&nbsp;

	CSE Listed Securities
<table cellpadding="0" cellspacing="0" >
<tbody>
<tr>
<td >

					&nbsp;
</td>
<td colspan="2" >

					Current
</td>
<td colspan="2" >

					New
</td>
</tr>
<tr>
<td >

					&nbsp;
</td>
<td >

					Active
</td>
<td >

					Passive
</td>
<td >

					Active
</td>
<td >

					Passive
</td>
</tr>
<tr>
<td >

					&gt;=$1
</td>
<td >

					$0.0002
</td>
<td >

					$0.0002
</td>
<td >

					$0.0002&nbsp;
</td>
<td >

					$0.0002&nbsp;
</td>
</tr>
<tr>
<td >

					&lt;$1
</td>
<td >

					For securities $0.10-$0.99:

					$0.00008

					&nbsp;

					For securities &lt;$0.10:

					$0.00004 with a cap of $15
</td>
<td >

					For securities $0.10-$0.99:

					$0.00008

					&nbsp;

					For securities &lt;$0.10:

					$0.00004 with a cap of $15
</td>
<td >

					$0.00015

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
<td >

					$0.00015

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
</tr>
</tbody>
</table>

	&nbsp;

	TSX-V Listed Securities
<table cellpadding="0" cellspacing="0" >
<tbody>
<tr>
<td >

					&nbsp;
</td>
<td colspan="2" >

					Current
</td>
<td colspan="2" >

					New
</td>
</tr>
<tr>
<td >

					&nbsp;
</td>
<td >

					Active
</td>
<td >

					Passive
</td>
<td >

					Active
</td>
<td >

					Passive
</td>
</tr>
<tr>
<td >

					&gt;=$1
</td>
<td >

					-$0.0014

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
<td >

					$0.0018

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
<td >

					-$0.0012

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
<td >

					$0.0018

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
</tr>
<tr>
<td >

					&lt;$1
</td>
<td >

					-$0.0006

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
<td >

					$0.0008

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
<td >

					-$0.0006

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
<td >

					$0.0008

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
</tr>
</tbody>
</table>

	&nbsp;

	&nbsp;TSX Listed Securities
<table cellpadding="0" cellspacing="0" >
<tbody>
<tr>
<td >

					&nbsp;
</td>
<td colspan="2" >

					Current
</td>
<td colspan="2" >

					New
</td>
</tr>
<tr>
<td >

					&nbsp;
</td>
<td >

					Active
</td>
<td >

					Passive
</td>
<td >

					Active
</td>
<td >

					Passive
</td>
</tr>
<tr>
<td >

					&gt;=$1
</td>
<td >

					-$0.0014
</td>
<td >

					$0.0018
</td>
<td >

					-$0.0012

					&nbsp;

					$2 flat fee for volume &gt;=200,000 shares
</td>
<td >

					$0.0018

					&nbsp;

					$2 flat fee for volume &gt;=200,000 shares
</td>
</tr>
<tr>
<td >

					&lt;$1
</td>
<td >

					-$0.0006

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
<td >

					$0.0008

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
<td >

					-$0.0006

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
<td >

					$0.0008

					&nbsp;

					$2 flat fee for volume &gt;= 200,000 shares
</td>
</tr>
</tbody>
</table>

	&nbsp;

	The current fee schedule is also available on our website: <a href="http://thecse.com/en/services/become-dealer/fee-schedule" target="_blank">Trading Fee Schedule</a>

	If you have any questions or require further information, please contact:

	trading@thecse.com

	416-367-7347

	<a href="http://www.thecse.com" >www.thecse.com</a>

	&nbsp;

	&nbsp;

 Notice 2023-008 - CSE Trading Fee Schedule