Exchange Bulletin
BMO Gold Bullion ETF (ZGLD, ZGLD.U) To Trade On Toronto Stock Exchange
March 6, 2024
Issuer: BMO Gold Bullion ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| CAD Units | ZGLD | 80,000 | None | CDN $30 |
| USD Units | ZGLD.U | 40,000 | None | USD $30 |
| Listing category: | Non-Corporate |
| Trading currency of CAD Units: | CDN$ |
| Trading currency of USD Units: | USD$ |
| Transaction: | Initial public offering of CAD Units and USD Units (together, the "Units") (the "Offering"). |
| Anticipated closing date: | March 8, 2024 (prior to the opening). |
| Listing date: | March 7, 2024 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Posted for trading date: | March 8, 2024 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | BMO Nesbitt Burns Inc. |
| Investor relations: | Sara Petrcich Head of Exchange Traded Funds and Structured Solutions BMO Asset Management Inc. (416) 263-0487 sara.petrcich@bmo.com |
| Incorporation: | The ETF is an exchange traded mutual fund established as a trust under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated January 17, 2024. |
| Manager and Trustee: | BMO Asset Management Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks to replicate the performance of the price of gold bullion, net of fees and expenses, by investing in long-term holdings of unencumbered gold bullion in 400 troy ounce international bar sizes. The ETF does not speculate with respect to short-term changes and is not actively managed. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal offices in Toronto. |
| Distributions: | Cash distributions on Units of the ETF are expected to be made on an annual basis in the currency in which the Units are denominated, if at all. |
| Sponsorship: | Not applicable. |
| Offering Document: | Prospectus dated January 17, 2024, which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Additional information: | The USD Units will be quoted and traded on Toronto Stock Exchange in US funds and trading information regarding the USD Units will appear under the heading "Trading in US Funds" in the TSX Monthly Review. |
| Initial public offering: | 80,000 CAD Units will be issued at a subscription price of CDN $30 per CAD Unit and 40,000 USD Units will be issued at a subscription price of USD $30 per USD Unit. Units 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, Managing Director, TSX Listings |