Search results will open in a new window on

Exchange Bulletin

Canadian Natural Gas Index ETF (GAS) To Trade On Toronto Stock Exchange

October 25, 2016

Issuer: Canadian Natural Gas Index ETF

SecuritySymbolCUSIPIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Class A units ("Class A Units") GAS 136383 10 6 1,005,000 None $10.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Class A Units (the "Offering")
Listing date: October 26, 2016 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: October 27, 2016 (prior to the opening)
Posted for trading date: October 27, 2016 (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: Arthur Chan
Tel.: 1-888-792-9291

Tim Pickering
Tel.: 1-888-792-9291
Incorporation: Exchange traded mutual fund established under the laws of the Province of Ontario on May 1, 2015 pursuant to a master declaration of trust.
Manager and Trustee: Auspice Capital Advisors Ltd.
Fiscal year end: December 31
Nature of business: The ETF seeks to replicate, to the extent possible, the performance of the Canadian Natural Gas Excess Return Index, net of expenses. The Canadian Natural Gas Excess Return Index is designed to measure the performance of the Canadian natural gas market. In order to achieve its investment objective, the ETF will generally invest in derivatives and other financial instruments which may include interest bearing accounts and T-Bills.
Transfer agent and registrar: CST Trust Company at its principal office in Toronto.
Distributions: Distributions on Units of the ETF, if any, are expected to be made annually at the end of each year where necessary. On an annual basis, the ETF will ensure that all of its income (including net realized capital gains) has been distributed to Unitholders to such an extent that the ETF will not be liable for ordinary income tax thereon. Any such amount distributed by the ETF will be paid as a "reinvested distribution". Reinvested distributions on Units of an ETF will be reinvested automatically in additional Units of the ETF at a price equal to the net asset value per Unit of the ETF on such day and the Units of the ETF will be immediately consolidated such that the number of outstanding Units of the ETF held by each Unitholder on such day following the distribution will equal the number of Units of the ETF held by the Unitholder prior to the distribution.
Sponsorship: Not applicable
Offering document: Prospectus dated May 9, 2016, which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 1,005,000 Class A Units will be issued at a subscription price of $10.00 per Unit. The ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of the ETF. 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: Julie K. Shin,
Director, Listed Issuer Services,
Toronto Stock Exchange.