Exchange Bulletin
BSM Technologies Inc. (GPS) To Trade On Toronto Stock Exchange
BSM Technologies Inc. (the “Company”) – An application has been granted for the original listing in the Industrial category of 98,841,162 common shares of the Company, of which 89,855,602 common shares are issued and outstanding, and 8,985,560 common shares are reserved for issuance.
The common shares of the Company will be listed and posted for trading at the opening on Tuesday, October 6, 2015.
The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.
Stock Symbol: "GPS" | CUSIP: 055714 40 6 | Currency: CDN$ |
Designated Market Maker: | W.D. Latimer Co. Ltd. |
Other Markets: | The common shares of the Company have been listed on TSX Venture Exchange since October 9, 2001 under the current name of the Company. The common shares will be delisted from TSX Venture Exchange on Tuesday, October 6, 2015, upon commencement of trading on TSX. |
Head Office Address: | 75 International Blvd. Suite 100 Toronto, Ontario M9W 6L9 |
Email Address: | arahemtulla@bsmwireless.com |
Website: | www.bsmwireless.com |
Head Office Telephone Number: | (416) 675-1201 |
Fax Number: | (416) 679-8992 |
Toll Free Number: | 1 (866) 768-4771 |
Investor Relations: | Aly Rahemtulla Tel: (416) 675-1201 Email: arahemtulla@bsmwireless.com Conrad Seguin Tel: (416) 815-0700 ext. 251 Email: cseguin@national.ca |
Chief Financial Officer & Corporate Secretary: | Louis De Jong |
Incorporation: | The Company was incorporated on July 29, 1996 under the name “Faymar Capital Corporation” under the Business Corporations Act (Alberta). The Company changed its name on October 15, 1997 to “Valu-Net Corporation”. On October 14, 1999 the Company was continued under the Business Corporations Act (Ontario). On July 19, 2001, the Company changed its name to “BSM Technologies Inc.”. |
Fiscal Year End: | September 30 |
Sponsorship: | Not applicable |
Nature of Business: | The Company is a provider of real-time GPS fleet and asset management solutions. |
Transfer Agent & Registrar: | Computershare Investor Services Inc. at its principal offices in Calgary and Toronto. |
Normal Course Issuer Bid: | Toronto Stock Exchange ("TSX") has accepted a Notice of Intention from the Company to make a Normal Course Issuer Bid to purchase the following: Up to 4,287,465 of its common shares, being 10% of the public float of the common shares issued and outstanding as of December 15, 2014. Purchases will be made on the open market through the facilities of TSX or alternative Canadian trading platforms. Purchases pursuant to the bid were able to begin on December 23, 2014 through the facilities of the TSX Venture Exchange. 348,300 common shares have been purchased pursuant to the bid to date. The bid expires no later than December 22, 2015. |
Dividends: | The Company has not paid any dividends or made any distributions in the three most recently completed financial years. There are no significant restrictions on the Company’s ability to pay dividends, other than the requirement to seek approval from the Company’s lender. |