GRAPHENE MANUFACTURING GROUP LTD. ("GMG") ("GMG.WT")
BULLETIN TYPE: Prospectus-Unit Offering, New Listing-Warrants
BULLETIN DATE: September 3, 2021
TSX Venture Tier 1 Company
Effective August 27, 2021, the Company's final short form prospectus dated August 27, 2021, qualifying the distribution of up to 4,900,000 units (the "Units") of the Company, excluding underwriter's over-allotment option, was filed with and accepted by TSX Venture Exchange (the "Exchange"), and filed with and receipted by the Alberta Securities Commission as principal regulator. Under Multilateral Instrument 11-102 - Passport System the prospectus is deemed to have been filed with and receipted by each of the Ontario, British Columbia and Saskatchewan Securities Commissions.
The Exchange has been advised that the closing of the offering occurred on September 02, 2021, for gross proceeds of CDN$11,551,750 (including the underwriter's over-allotment option that was exercised in full).
Offering: 5,635,000 Units (includes 735,000 Units of underwriter's over-allotment option). Each Unit consists of one ordinary share and one-half of one ordinary share purchase warrant, with each whole warrant being exercisable into one ordinary share at CDN$2.60 until September 2, 2024.
Unit Price: CDN$2.05 per Unit.
Underwriter(s): Cantor Fitzgerald Canada Corporation, PI Financial Corp., Echelon Wealth Partners Inc. and Haywood Securities Inc.
Underwriter(s) Commission: An aggregate of CDN$693,105 in cash and 169,050 non-transferrable broker warrants. Each broker warrant entitles the holder to acquire one unit at CDN$2.05 until September 2, 2024.
Listing of Warrants:
Effective at the opening, Wednesday, September 08, 2021, the ordinary share purchase warrants of the Company will commence trading on TSX Venture Exchange. The Company is classified as a "Non-Metallic Mineral Product Manufacturing" company.
Corporate Jurisdiction: Australia
Capitalization: up to 2,817,500 warrants created and authorized, of which 2,817,500 are issued and outstanding
Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: GMG.WT
CUSIP Number: Q42733 115
These warrants were issued under a warrant indenture dated September 2, 2021 pursuant to the Company's short form prospectus dated August 27, 2021. Each warrant entitles the holder to purchase one ordinary share of the Company at a price of CDN$2.60 until September 2, 2024.
For further details, please refer to the Company's short form prospectus dated August 27, 2021 and news releases dated August 12, 2021, August 13, 2020 and September 02, 2021.
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