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*Emblem Corp. 
Listed Company 

EMBLEM CORP. ("EMC") ("EMC.WT.A")
BULLETIN TYPE: Prospectus-Unit and Convertible Debenture Offering, New Listing-Warrants
BULLETIN DATE: November 20, 2017
TSX Venture Tier 2 Company

Prospectus-Unit and Convertible Debenture Offering

The Company has closed its financing pursuant to its Amended and Restated Prospectus dated November 15, 2017, which was filed with and accepted by TSX Venture Exchange (the "Exchange"), and filed with and receipted by the Securities Commissions of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador on November 15, 2017, pursuant to the provisions of the applicable Securities Acts (the "Offering").

The Exchange has been advised that the Offering closed on November 16, 2017, for aggregate gross proceeds of $28,800,034.50.


Underwriters: Eight Capital, Canaccord Genuity Corp., Echelon Wealth Partners Inc. and GMP Securities L.P.

Offering: 1) 7,885,734 Units (including the over-allotment option). Each Unit consists of one common share and one common share purchase warrant ("Warrant").
2) 15,000 8.0% unsecured convertible debentures (each, a "Debenture")

Offering Price: $1.75 per Unit
$1,000 per Debenture


Warrant Exercise Price/Term: Each Warrant entitles the holder to acquire one common share at a price of $2.15 per common share for a period of three years.

Underwriter's Fee: An aggregate of $1,728,002.07, plus 493,715 compensation options has been paid to the Underwriters. Each compensation option shall be exercisable into 1 unit at the same terms as above.

Over-Allotment Option: The Underwriters were granted an over-allotment option in connection with this offering to purchase up to an additional 1,028,574 Units (being 15% of the Units offered under the Offering) on the same terms as above, exercisable up to 30 days after the closing of the Offering. The over-allotment option was fully exercised.

For further information, refer to the Company's Amended and Restated Short Form Prospectus dated November 15, 2017 filed on SEDAR.

New Listing-Warrants

The Warrants of the Company will be listed and admitted to trading on the TSX Venture Exchange, on the effective date as stated below.

Commencement date: At the opening on Tuesday November 21, 2017, the Warrants will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: Canada

Capitalization: 7,885,734 Warrants will be issued and outstanding

Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: EMC.WT.A
CUSIP Number: 29082J165
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