Bulletin de la Bourse
Spartan Delta Corp. (SDE) inscrit à la Bourse de Toronto
Issuer: | Spartan Delta Corp. (the "Company") |
Security: | Common shares (the "Shares") |
Symbol: | SDE |
Number of securities issued and outstanding: | 114,479,603 Shares as at August 30, 2021. On August 31, 2021, an additional 29,703,000 Shares are expected to be issued pursuant to a previously completed subscription receipt financing and up to 19,811,321 Shares are expected to be issued in relation to the acquisition of Velvet Energy Limited. Accordingly, up to 163,993,924 Shares are expected to be issued and outstanding as at September 1, 2021. |
Number of securities reserved for issuance: | 38,871,797 Shares |
Trading currency: | CDN$ |
Listing and posted for trading date: | September 1, 2021 (at the opening) |
Listing category: | Oil and Gas, Non-Exempt Issuer |
Other market(s): | The Shares have been listed and trading on TSX Venture Exchange ("TSXV") under their current form since May 29, 2020 under the symbol "SDE". The Shares will be delisted from TSXV on September 1, 2021 upon commencement of trading on Toronto Stock Exchange. |
Temporary market maker: | Citadel Securities Canada ULC |
Security ownership registration: | Non-certificated inventory (NCI) and Direct Registration System (DRS) |
Investor relations: | Fotis Kalantzis President and Chief Executive Officer (403) 265-8011 fkalantzis@spartandeltacorp.com OR Geri Greenall Chief Financial Officer (403) 265-8011 ggreenall@spartandeltacorp.com |
Incorporation: | Business Corporations Act (Alberta) |
Fiscal year end: | December 31 |
Nature of business: | The Company is an intermediate petroleum and natural gas company focused on the expansion of its business in the West Central Alberta Deep Basin and the Alberta Montney. |
Transfer agent and registrar: | Odyssey Trust Company at its principal offices in Calgary and Vancouver. |
Dividends: | The Company has not paid any dividends. Any decision to pay dividends on the Common Shares will be made by the Board on the basis of the Company's earnings, financial requirements and other conditions existing at such future time. |
Sponsorship: | Not applicable. |
Disclosure document: | Annual Information Form dated March 31, 2021, which is available at www.SEDAR.com. Information about the Shares issuable on August 31, 2021 may be found in the Company's press release dated August 18, 2021, announcing the completion of the subscription receipt financing and pre-acquisition agreement between the Company and Velvet Energy Ltd. dated July 28, 2021 (filed as a material contract on August 3, 2021) both of which are available on SEDAR. |
TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |