Exchange Bulletin
Evolve Metaverse ETF (MESH) To Trade On Toronto Stock Exchange
November 25, 2021
Issuer: Evolve Metaverse ETF ("Evolve ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Hedged Canadian dollar denominated ETF units | MESH | 100,000 | None | C$10.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering (the "Offering") of Hedged Canadian dollar denominated ETF units (the "Hedged ETF Units") |
| Listing date: | November 26, 2021 (as at 5:01 p.m.) in anticipation of closing of the Offering |
| Anticipated closing date: | November 29, 2021 (prior to the opening) |
| Posted for trading date: | November 29, 2021 (at the opening) subject to confirmation of closing of the Offering |
| Other market(s): | None |
| Designated market maker: | CIBC World Markets Inc. |
| Security ownership registration: | CDS book entry only system and Non-Certificated Issue |
| Investor relations: | Elliot Johnson Chief Investment Officer and Chief Operating Officer Tel: (416) 558-6661 Email: ejohnson@evolveetfs.com - and - Keith Crone Executive Vice-President, Head of Marketing Tel: (416) 697-5152 Email: kcrone@evolveetfs.com |
| Incorporation: | An actively managed exchange traded mutual fund established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated as November 24, 2021. |
| Manager and Trustee: | Evolve Funds Group Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | Evolve Fund seeks to provide holders of Hedged ETF Units with long-term capital appreciation by actively investing in a diversified mix of publicly traded equity securities of issuers from North America, as well as other developed markets from around the world, that are considered by the Manager to be involved in the development of the Metaverse. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto |
| Dividends: | Cash distributions of income, if any, on Hedged ETF Units will be paid annually. |
| Sponsorship: | Not applicable. |
| Additional information: | All or substantially all of the exposure that the portion of the portfolio of Evolve ETF attributable to Hedged ETF Units may have to foreign currencies will be hedged back to the Canadian dollar. |
| Offering document: | Prospectus dated November 24, 2021 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 100,000 Hedged ETF Units will be issued at a subscription price of C$10.00 per Hedged ETF Unit. Evolve ETF is authorized to issue an unlimited number of Hedged ETF Units, each of which represents an equal, undivided interest in the net assets of Evolve ETF and there is no minimum number of Hedged ETF Units that may be offered. |
| TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |