Exchange Bulletin
Horizons Copper Producers Index ETF (COPP) To Trade On Toronto Stock Exchange
May 13, 2022
Issuer: Horizons Copper Producers Index ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Class A units (the "Units") | COPP | 200,001 | None | CAD $25.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of the Units (the "Offering") |
| Listing date: | May 16, 2022 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Anticipated closing date: | May 17, 2022 (prior to the opening) |
| Posted for trading date: | May 17, 2022 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | National Bank Financial Inc. |
| Security ownership registration: | CDS book-entry only system |
| Investor relations: | Martin Fabregas Tel.: (416) 601-2508 mfabregas@horizonsetfs.com |
| Incorporation: | The ETF is an open-end mutual fund trust established under the laws of Ontario, on May 9, 2022 pursuant to an amended and restated master declaration of trust. |
| Manager: | Horizons ETFs Management (Canada) Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The investment objective of the ETF is to seek to replicate, to the extent possible and net of expenses, the performance of an index that is designed to provide exposure to the performance of companies active in copper ore mining that are listed on select North American stock exchanges. Currently, the ETF seeks to replicate the performance of the Solactive North American Listed Copper Producers Index, net of expenses. The ETF seeks to hedge any U.S. dollar portfolio exposure back to the Canadian dollar at all times. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | Distributions, if any, will be made annually, at the discretion of the Manager. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated May 9, 2022, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 200,001 Units will be issued at a subscription price of CAD $25.00 per Unit. The ETF is authorized to issue an unlimited number of Units. Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued. |
| TSX contact: | Selma Thaver, Director, TSX Listings |