TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on June 30, 2022.
TSX Venture Exchange has been advised that the Company's common shares, will be listed and will commence trading on the Toronto Stock Exchange at the opening on Tuesday, July 26, 2022, under the symbol "REAX".Īs a result of this Graduation, there will be no further trading under the symbols "REAX" on the TSX Venture Exchange after July 25, 2022, and its shares will be delisted from the TSX Venture Exchange at the commencement of trading on the Toronto Stock Exchange.Ģ2/07/22 - TSX Venture Exchange BulletinsīULLETIN TYPE: Private Placement-Non-Brokered The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The trading symbol for the Company will change from SMR to SMR.H. Therefore, effective at the opening on Tuesday, July 26, 2022, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Vancouver to NEX. In accordance with TSX Venture Policy 2.5, the Company has not maintained the requirements for a TSX Venture Tier 2 company.
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The full particulars of the Arrangement are set forth in Imperial's Management Information Circular dated June 3, 2022, which is available under Imperial's profile on SEDAR.īULLETIN TYPE: Transfer and New Addition to NEX, Symbol Change The Exchange has been advised that the Arrangement closed on July 22, 2022. The Exchange has been advised that approval of the Arrangement by common and preferred shareholders of Imperial was obtained at a Special Meeting of Securityholders held on Jand that the Supreme Court of British Columbia provided its final order approving the Arrangement on July 15, 2022. 1,752,724 Royal Common Shares issuable on exercise of 1,752,724 Replacement Broker Compensation Units issued in exchange for 2,854,600 Imperial broker compensation units pursuant to the Arrangement. 4,205,900 Royal Common Shares issuable on exercise of 4,205,900 new Royal options issued in exchange for 6,850,000 Imperial options pursuant to the Arrangement andĥ. 17,763,900 Royal Common Shares issuable on exercise of 28,931,434 Imperial warrants pursuant to the Arrangement Ĥ. 11,000,000 Imperial Common Shares to be issued on the conversion of 11,000,000 Imperial preferred shares pursuant to the Arrangement ģ. to reduce outstanding royalty obligations.Ģ. 63,867,233 Royal Common Shares (subject to rounding) in exchange for 93,018,295 Imperial Common Shares, inclusive of 4,444,444 Imperial Common Shares issued to Cronin Services Ltd. The full details of the transaction are as follows:ġ. Pursuant to the terms of the Arrangement, shareholders of Imperial will receive 0.614 of a common share in the capital of Royal ("Royal Common Shares") for every one (1) common share of Imperial ("Imperial Common Shares") held. ("Royal") pursuant to the terms of an arrangement agreement dated May 2, 2022, and a court-approved plan of arrangement under section 291 of the Business Corporations Act ( British Columbia) dated J(the "Arrangement"). The Exchange has accepted for filing documentation in connection with the arrangement between Imperial and Royal Helium Ltd. ("Imperial") will be delisted from TSX Venture Exchange ("Exchange") at the request of Imperial. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice.īULLETIN TYPE: Delist, Plan of ArrangementĮffective at the close of business on July 25, 2022, the common shares of Imperial Helium Corp. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market.įurther to the TSX Venture bulletin issued April 7, 2022, trading in the shares of the Company will remain suspended. The trading symbol for the Company will change from CAV to CAV.H.
As of July 26, 2022, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.