{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSXV/THY.P",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Thermopylae Capital Inc. (TSXV: THY.P) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Thermopylae Capital Inc., listed on the TSXV under ticker THY.P. Its ISIN and LEI are not on the record, and no ISIN was found on issuer pages. Its security type is CPC, its sector is CPC, and its segment and jurisdiction are not on the record. Its listing status is halted, since 2026-10-19 10:08 AM ET.\n\n## The disclosure read\n\nThe record holds 8 filings across 6 filing days in the twelve months to 2026-11-06. The filings are 2 corporate action, 2 halt resume and 4 newswire release. The median gap between filing days is 5 days, and the latest filing is 17 days before the record date. The TSXV median gap is 19 days, with a median of 9 filings and a median latency of 17.0 days. The CPC sector median gap is 45 days, with a median of 2.0 filings and a median latency of 83.0 days. The latest filing is dated 2026-10-20 and is a newswire release.\n\n## Auditor\n\nThe auditor is not on the record, and none was found. The auditor location is not on the record, and the record holds no auditor changes.\n\n## Events and halts\n\nThe record holds listing lines dated 2026-03-19 and 2026-03-24. It holds no delisting, domicile change, name change or segment move. The halt flag is halted.\n\n## Orderability\n\nUnder the Paragraph (o) of the definition client category the outcome is signal ACM-403, determinable. Under the Paragraph (q) of the definition client category the outcome is signal ACM-403, determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were named on the issuer's investor-relations page, and none was found on the pages read. The count is 0.\n\n## Open research\n\nNo openly published research notes were found, and the count on the record is 0.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe vintage is not sealed, and no issuer years are sealed. The market has no earliest sealed date, and the live record began on 2026-09-10. The store holds sealed years for 2021, 2022, 2023, 2024, 2025 and 2026, but the as-of door answers not_sealed.\n\n## Sources\n\n6 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.tsx.com/json/company-directory/search/tsxv/^* (identity.exchange)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSXV/THY.P (the disclosure lines)\n- https://iiroc.mediaroom.com/2026-10-19-Canadian-Investment-Regulatory-Organization-Trading-Halt-THY-P (the halt flag)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.ca-cm-kg.ai/record/TSXV/THY.P (the record)\n",
 "market": "CA",
 "node": "ca-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-10",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "market": "CA",
    "reason": "none found",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/TSXV/THY.P",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 1427,
     "median_cadence_gap_days": 19,
     "median_filings": 9,
     "median_latency_days": 17,
     "name": "TSXV"
    },
    "sector": {
     "issuers": 144,
     "median_cadence_gap_days": 45,
     "median_filings": 2,
     "median_latency_days": 83,
     "name": "CPC"
    }
   },
   "by_type": {
    "corporate_action": 2,
    "halt_resume": 2,
    "newswire_release": 4
   },
   "cadence_median_gap_days": 5,
   "filing_days": 6,
   "filings": 8,
   "latency_days": 17,
   "latest": [
    {
     "category": null,
     "date": "2026-10-20",
     "source": "https://www.newsfilecorp.com/release/320060/Thermopylae-Capital-Announces-Proposed-Qualifying-Transaction-with-Makasi-Mining-Pty-Ltd",
     "title": "Thermopylae Capital Announces Proposed Qualifying Transaction with Makasi Mining Pty Ltd",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-15",
     "source": "https://www.newsfilecorp.com/release/319316/Thermopylae-Capital-Inc.-Announces-Grant-of-Stock-Options",
     "title": "Thermopylae Capital Inc. Announces Grant of Stock Options",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-07-03",
     "source": "https://www.newsfilecorp.com/release/303924/Thermopylae-Capital-Inc.-Announces-Resignation-of-President",
     "title": "Thermopylae Capital Inc. Announces Resignation of President",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-03-24",
     "source": "http://apps.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=NoticesContents&PO_ID=&NOTICE_ID=315029&CORRECTION_FLG=N&HC_FLAG1=checked",
     "title": "TSXV bulletin: RESUME TRADING (Trading Status)",
     "type": "halt_resume"
    },
    {
     "category": null,
     "date": "2026-03-24",
     "source": "http://apps.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=NoticesContents&PO_ID=&NOTICE_ID=315028&CORRECTION_FLG=N&HC_FLAG1=checked",
     "title": "TSXV bulletin: NEW LISTING-CPC-SHARES (New Listings)",
     "type": "corporate_action"
    }
   ],
   "latest_filing_date": "2026-10-20",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSXV/THY.P",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*",
    "state": "sourced",
    "value": "TSXV"
   },
   "isin": {
    "market": "CA",
    "reason": "no ISIN found on issuer pages",
    "state": "not_on_record"
   },
   "jurisdiction": {
    "market": "CA",
    "reason": "none found",
    "state": "not_on_record"
   },
   "lei": {
    "market": "CA",
    "reason": "no ISIN",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*",
    "state": "sourced",
    "value": "Thermopylae Capital Inc."
   },
   "sector": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "CPC"
   },
   "security_type": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "CPC"
   },
   "segment": {
    "market": "CA",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*",
    "state": "sourced",
    "value": "THY.P"
   },
   "website": {
    "market": "CA",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": [],
   "listing": [
    {
     "date": "2026-03-19",
     "source": "http://apps.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=NoticesContents&PO_ID=&NOTICE_ID=314946&CORRECTION_FLG=N&HC_FLAG1=checked",
     "title": "TSXV bulletin: NEW LISTING-CPC-SHARES (New Listings)"
    },
    {
     "date": "2026-03-24",
     "source": "http://apps.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=NoticesContents&PO_ID=&NOTICE_ID=315028&CORRECTION_FLG=N&HC_FLAG1=checked",
     "title": "TSXV bulletin: NEW LISTING-CPC-SHARES (New Listings)"
    }
   ],
   "name_change": [],
   "segment_move": []
  },
  "market": "CA",
  "node": "ca-cm-kg",
  "numbers_hash": "sha256:9cb92e058e6cd2d778111509709adc137bae492c52481f3712f31fc4fef51396",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Paragraph (o) of the definition",
    "Paragraph (q) of the definition"
   ],
   "outcomes": {
    "Paragraph (o) of the definition": {
     "determinable": true,
     "signal": "ACM-403"
    },
    "Paragraph (q) of the definition": {
     "determinable": true,
     "signal": "ACM-403"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ca-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1",
   "section": "ca.aio.v11"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ca-cm-kg.ai/record/TSXV/THY.P",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "reason": "Pending News",
   "since": "Oct 19, 2026 10:08 AM ET",
   "source": "https://iiroc.mediaroom.com/2026-10-19-Canadian-Investment-Regulatory-Organization-Trading-Halt-THY-P",
   "value": "halted"
  }
 },
 "numbers_hash": "sha256:9cb92e058e6cd2d778111509709adc137bae492c52481f3712f31fc4fef51396",
 "path": "/ca/TSXV/THY.P",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Thermopylae Capital Inc., listed on the TSXV under ticker THY.P. Its ISIN and LEI are not on the record, and no ISIN was found on issuer pages. Its security type is CPC, its sector is CPC, and its segment and jurisdiction are not on the record. Its listing status is halted, since 2026-10-19 10:08 AM ET.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 8 filings across 6 filing days in the twelve months to 2026-11-06. The filings are 2 corporate action, 2 halt resume and 4 newswire release. The median gap between filing days is 5 days, and the latest filing is 17 days before the record date. The TSXV median gap is 19 days, with a median of 9 filings and a median latency of 17.0 days. The CPC sector median gap is 45 days, with a median of 2.0 filings and a median latency of 83.0 days. The latest filing is dated 2026-10-20 and is a newswire release.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor is not on the record, and none was found. The auditor location is not on the record, and the record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds listing lines dated 2026-03-19 and 2026-03-24. It holds no delisting, domicile change, name change or segment move. The halt flag is halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under the Paragraph (o) of the definition client category the outcome is signal ACM-403, determinable. Under the Paragraph (q) of the definition client category the outcome is signal ACM-403, determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were named on the issuer's investor-relations page, and none was found on the pages read. The count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found, and the count on the record is 0.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The vintage is not sealed, and no issuer years are sealed. The market has no earliest sealed date, and the live record began on 2026-09-10. The store holds sealed years for 2021, 2022, 2023, 2024, 2025 and 2026, but the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "6 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSXV/THY.P"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/2026-10-19-Canadian-Investment-Regulatory-Organization-Trading-Halt-THY-P"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ca-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/TSXV/THY.P"
  }
 ],
 "title": "Thermopylae Capital Inc. (THY.P) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}