Exchange Bulletin
BetaPro Equal Weight Canadian Bank -2x Daily Bear ETF (HBKD) To Trade On Toronto Stock Exchange
September 9, 2022
Issuer: BetaPro Equal Weight Canadian Bank -2x Daily Bear ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| ETF Shares | HBKD | 250,000 | None | $20.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CAD |
| Transaction: | Initial public offering of ETF Shares (the "Offering") |
| Listing date: | September 12, 2022 (as at 5:01 pm) subject to confirmation of closing of the Offering. |
| Anticipated closing date: | September 12, 2022 |
| Posted for trading date: | September 13, 2022 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | National Bank Financial Inc. |
| Investor relations: | Martin Fabregas Tel.: (416) 601-2508 mfabregas@horizonsetfs.com |
| Incorporation: | Horizons ETF Corp. (the "Company") is a mutual fund corporation established under the federal laws of Canada. The ETF was established by articles of amendment dated August 18, 2021, in accordance with the articles of incorporation of the Company. The ETF is a separate Corporate Class. The ETF is an open-end alternative mutual fund under Canadian securities legislation. |
| Manager: | Horizons ETFs Management (Canada) Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the Solactive Equal Weight Canada Banks Index. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | The Company does not currently intend to pay regular dividends or returns of capital on the ETF Shares of the ETF. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated August 26, 2022, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 250,000 ETF Shares will be issued at a subscription price of $20 per ETF Share. ETF Shares of the ETF are being issued and sold on a continuous basis and there is no maximum number of ETF Shares that may be issued. |
| TSX contact: | Selma Thaver, Director, TSX Listings |