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Wednesday,&nbsp;August 20, 2025

	The Canadian Securities Exchange (CSE) has received regulatory approval to introduce changes to the CSE trading fee schedules that will take effect on September 1st, 2025 on CSE.&nbsp;

	With the upcoming release of the CSE Market-on-Close (MOC), and following a comprehensive review of our fee structure, these fee changes are designed to align with industry standards for Market-on-Open and Market-on-Close services.

	New Fees and Categories:

	Market-on-Open Fees (CSE Book only)
<table border="1" cellpadding="1" cellspacing="1" height="100" >
<tbody>
<tr>
<td>
				Price Category</td>
<td>
				Active</td>
<td>
				Passive</td>
</tr>
<tr>
<td>
				CSE Listed – Less than $1.00&nbsp;&nbsp;</td>
<td>
				$0.0005 with a cap of $50&nbsp;</td>
<td>
				$0.0005 with a cap of $50&nbsp;</td>
</tr>
<tr>
<td>
				CSE Listed – Equal to or greater than $1.00&nbsp;</td>
<td>
				$0.001 with a cap of $50&nbsp;</td>
<td>
				$0.001 with a cap of $50&nbsp;</td>
</tr>
</tbody>
</table>

	&nbsp;

	Market-on-Close Fees (CSE Book only)
<table border="1" cellpadding="1" cellspacing="1" height="100" >
<tbody>
<tr>
<td>
				Price Category</td>
<td>
				Active</td>
<td>
				Passive</td>
</tr>
<tr>
<td>
				CSE Listed – Less than $1.00&nbsp;&nbsp;</td>
<td>
				$0.0005</td>
<td>
				$0.0005&nbsp;</td>
</tr>
<tr>
<td>
				CSE Listed – Equal to or greater than $1.00&nbsp;</td>
<td>
				$0.001&nbsp;</td>
<td>
				$0.001&nbsp;</td>
</tr>
</tbody>
</table>

	&nbsp;

	Note: There are no changes to the CSE2 fee schedule.

	Quick Links:
<ul>
<li>
		<a href="https://cms.thecse.com/wp-content/uploads/2025/08/CSE-Trading-Fee-Schedule_September-1-2025.pdf" target="_blank">CSE Trading Fee Schedule</a>&nbsp;(Link to new CSE fee schedule, effective September 1, 2025)</li>
</ul>

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

	Matthew Lee – <a href="mailto:matthew.lee@thecse.com">matthew.lee@thecse.com</a> 
	Philip Cox –&nbsp; <a href="mailto:philip.cox@thecse.com">philip.cox@thecse.com</a> 
	Mackenzie Silliker – <a href="mailto:mackenzie.silliker@thecse.com">mackenzie.silliker@thecse.com</a> 
	Liam Rodenburg – <a href="mailto:liam.rodenburg@thecse.com">liam.rodenburg@thecse.com</a>

	Or, for general enquiries on fees, please contact <a href="mailto:trading@thecse.com">trading@thecse.com</a>.

	&nbsp;

Notice 2025-005 – Upcoming Changes to CSE Trading Fees