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Bulletin de la Bourse
Purpose Ether ETF (ETHH, ETHH.B, ETHH.U) inscrit à la Bourse de Toronto
16 avril 2021
Issuer: Purpose Ether ETF ("Purpose ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Canadian dollar denominated currency hedged ETF units (the "ETF Units") | ETHH | 100,000 | None | C$10.00 |
| Canadian dollar denominated ETF non-currency hedged units (the "CAD ETF Non- Currency Hedged Units") | ETHH.B | 100,000 | None | C$10.00 |
| U.S. dollar denominated ETF non-currency hedged units (the "USD ETF Non-Currency Hedged Units") | ETHH.U | 100,000 | None | US$10.00 |
| Listing category: | Non-Corporate |
| Trading currency of ETF Units and CAD ETF Non‑Currency Hedged Units: | CDN$ |
| Trading currency of USD ETF Non-Currency Hedged Units: | US$ |
| Transaction: | Initial public offering (the "Offering") of ETF Units, CAD ETF Non-Currency Hedged Units and the USD ETF Non-Currency Hedged Units (collectively, the "Units") |
| Listing date: | April 19, 2021 in anticipation of closing of the Offering. |
| Anticipated closing date: | April 19, 2021 |
| Posted for trading date: | April 20, 2021 (at the opening) subject to confirmation of closing of the Offering |
| Other market(s): | None |
| Designated market maker: | BMO Nesbitt Burns Inc. |
| Security ownership registration: | CDS book based system and Non-Certificated Issue |
| Investor relations: | Vladimir Tasevski Chief Operating Officer Tel: 416 871 6454 vladt@puroseinvest.com |
| Incorporation: | An alternative mutual fund established as a trust under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated as of April 16, 2021. |
| Manager and Trustee: | Purpose Investments Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | Purpose ETF has been created to buy and hold substantially all of its assets in long-term holdings of Ether and seeks to provide holders of Units with the opportunity for long-term capital appreciation. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | Purpose ETF does not expect to pay regular distributions. |
| Sponsorship: | Not Applicable |
| Offering document: | Prospectus dated April 16, 2021 (the "Prospectus") which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus |
| Additional Information: | Participating Organizations should note that all trades in Purpose ETF will be on a T+1 settlement on a permanent basis. The USD ETF Non-Currency Hedged Units will be traded in U.S. funds. Accordingly, they will appear under the heading U.S. funds in newspapers and the Exchange's Daily Record and Monthly Review. |
| Initial public offering: | 100,000 ETF Units will be issued at a subscription price of C$10.00 per ETF Unit, 100,000 CAD ETF Non-Currency Hedged Units will be issued at a subscription price of C$10.00 per CAD ETF Non-Currency Hedged Unit and 100,000 USD ETF Non-Currency Hedged Units will be issued at a subscription price of US$10.00 per USD ETF Non-Currency Hedged Unit. Purpose ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of Purpose ETF. The Units of Purpose ETF are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued. |
| TSX contact: | Chris Birkett, Managing Director, Listed Issuer Services, Toronto Stock Exchange |