Exchange Bulletin
Purpose Credit Opportunities Fund (CROP) To Trade On Toronto Stock Exchange
September 27, 2021
Issuer: Purpose Credit Opportunities Fund ("Purpose ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| ETF Units | CROP | 50,000 | None | C$20.00 |
| Listing category: | Non-Corporate |
| Trading Currency: | CDN$ |
| Transaction: | Initial public offering (the "Offering") of ETF Units |
| Listing date: | September 28, 2021 in anticipation of closing of the Offering. |
| Anticipated closing date: | September 28, 2021 |
| Posted for trading date: | September 29, 2021 (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 based system and Non-Certificated Issue |
| Investor relations: | Vladimir Tasevski Vice President Tel: 416 871-6454 vladt@purposeinvest.com |
| Incorporation: | An alternative mutual fund established as a trust under the laws of the Province of Ontario pursuant to the third amended and restated declaration of trust dated August 26, 2021. |
| Manager and Trustee: | Purpose Investment Partners Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | Purpose ETF seeks to maximize total returns for unitholders, consisting of both distributions and capital appreciation. Purpose ETF invests, directly or indirectly, primarily in debt and equity securities of non-investment grade rated, publicly traded issuers. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Dividends: | Purpose ETF expects to make distributions monthly. |
| Sponsorship: | Not applicable |
| Disclosure documents: | Simplified prospectus and annual information form each dated August 26, 2021 (the "AIF" and together with the Simplified Prospectus, the "Disclosure Documents") which are available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Disclosure Documents. |
| Initial public offering: | 50,000 ETF Units will be issued at a subscription price of C$20.00 per ETF Unit. The ETF Units of Purpose ETF are being issued and sold on a continuous basis and there is no maximum number of ETF Units that may be issued. |
| TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |