Exchange Bulletin
Triple Flag Precious Metals Corp. (TFPM, TFPM.U) To Trade On Toronto Stock Exchange
May 20, 2021
| Issuer: | Triple Flag Precious Metals Corp. (the "Company") |
| Security: | Common shares (the "Shares") |
| Symbols: | TFPM, TFPM.U |
| Transaction: | A total of 19,230,770 Shares are being offered to the public at a price of US$13.00 per Share (the "Offering Price") for total gross proceeds of approximately US$250 million pursuant to a prospectus offering (the "Offering") that is scheduled to close before the opening on May 26, 2021. In addition, the Company has granted to the Underwriters an over-allotment option pursuant to which the Underwriters may purchase up to 2,884,615 additional Shares at the Offering Price. |
| Commencement of trading: | Further to Toronto Stock Exchange ("TSX") Bulletin 2021-0487 dated May 17, 2021, the Shares will commence trading on TSX on an "if, as and when issued" basis as soon as possible after 9:30 a.m. (Toronto time) today, Thursday, May 20, 2021, under the symbols TFPM and TFPM.U. |
| Settlement: | Subject to the closing of the Offering on Wednesday, May 26, 2021, all trades in TFPM and TFPM.U in the "if, as and when issued" market on: (i) May 20, 2021 will be for special settlement on May 26, 2021 and (ii) May 21 and 25, 2021 will be for special settlement two business days after the trade date and will appear on the Settlement Report from CDS Clearing and Depository Services Inc. Upon closing, TSX will issue a trader note confirming: (i) the closing; and (ii) that the Shares will no longer trade on an "if, as and when issued" basis but will trade thereafter on a regular settlement basis. If the Offering does not close, all of the "if, as and when issued" trades will be cancelled. No securities will be delivered and no money will be owed by purchasers to sellers. Parties who are entitled to receive Shares under the Offering may sell such securities in the "if, as and when issued" market without being subject to restrictions on short sales. Parties who are not entitled to receive Shares under the Offering must comply with the short sale rule in all respects for any sales they make in the "if, as and when issued" market. |
| Disclosure documents: | Final base PREP prospectus and supplemented PREP prospectus dated May 19, 2021, which are available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the disclosure documents. |
| Additional information: | See TSX Bulletin 2021-0487 dated May 17, 2021. The Shares trading under symbol "TFPM.U" will be quoted and traded on TSX in US funds and trading information regarding "TFPM.U" will appear under the heading "Trading in US Funds" in the TSX Monthly Review. |
| TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |