Bulletin de la Bourse
Pipestone Energy Corp. (SCR) inscrit à la Bourse de Toronto
Issuer: | Pipestone Energy Corp. ("Pipestone") |
Old Symbol(s): | PIPE |
Transaction: | Backdoor listing by way of plan of arrangement involving, among others, Strathcona Resources Ltd. ("Old Strathcona") and Pipestone. |
Consideration and exchange ratio: | Pursuant to the Arrangement, Pipestone Shareholders received 0.067967 of a Strathcona common share for each Pipestone common share held. |
Resulting Issuer: | Strathcona Resources Ltd. ("Strathcona") |
Security: | Common shares |
New Symbol(s): | SCR |
Number of securities issued and outstanding: | 214,235,608 |
Number of securities reserved for issuance: | Nil |
Listing category: | Oil and Gas, Exempt |
Trading currency: | CDN$ |
Effective date for trading purposes: | October 5, 2023 (at the opening) Effective at the opening of business on Thursday October 5, 2023, in substitution for the presently listed Pipestone common shares, which will be delisted at that time. |
Other market(s): | None |
Temporary market maker: | Canaccord Genuity Corp. |
Investor relations: | Rob Morgan President & Chief Executive Officer (403) 930-3003 rob.morgan@strathconaresources.com Connor Waterous Senior Vice President & Chief Financial Officer (403) 930-3004 connor.waterous@strathconaresources.com |
Incorporation: | Business Corporation Act (Alberta) |
Fiscal year end: | December 31 |
Nature of business: | Strathcona is an oil and gas company with producing reserves in Western Canada. |
Transfer agent and registrar: | Odyssey Trust Company at its principal offices in Calgary, Vancouver and Toronto. |
Dividends: | Strathcona is not expected to pay dividends. Any future determinations to pay dividends will be at the sole discretion of the board of directors. |
Disclosure document: | Pipestone management information circular dated August 25, 2023, which is available at . Capitalized terms not otherwise defined herein are as defined in the disclosure document. |
Exchange procedure and payment of consideration: | Return Letter of Transmittal together with Pipestone share certificates and/or DRS Advices to Odyssey Trust Company at its principal offices in Toronto, Calgary or Vancouver. |
TSX contact: | Anne Child, Managing Director, TSX Listings |