Definition of 'Advanced Company (TSX Venture)'

An issuer listed on Canada's TSX Venture exchange that has significant financial resources and satisfies the exchange's tier 1 listing standards. Such an advanced company or tier 1 issuer benefits from a more favorable regulatory environment and increased opportunity for participation by institutional investors. As the premier tier, there are fewer advanced or tier 1 companies on the TSX Venture exchange than tier 2 companies.

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