Solutions4co2 Inc. To Trade On The TSX Venture Exchange
SOLUTIONS4CO2 INC. ("SFC")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: March 22, 2012
TSX Venture Tier 2 Company
Solutions4CO2 Inc.'s (the "Company") Initial Public Offering Prospectus dated March 8, 2012 (the "Prospectus") has been filed with and accepted by TSX Venture Exchange (the "Exchange") and was filed with and receipted by the Ontario Securities Commission, on March 9, 2012, pursuant to the provisions of the Ontario Securities Act.
The gross proceeds received by the Company for the Prospectus offering (the "Offering") were $948,000 (4,740,000 Special Warrants at $0.20 per Special Warrant). The proceeds from the Offering are in addition to aggregate proceeds of $2,131,000 from two private placement offerings (an aggregate of 10,655,000
Special Warrants at $0.20 per Special Warrant) which closed on November 1, 2011 and January 6, 2012. Each Special Warrant entitles the holder thereof to acquire, without payment of additional consideration, one Common Share of the Company upon the receipt of a final bulletin from the Exchange in respect of the listing of the Company's Common Shares.
Carrus Capital Corporation ("Carrus"), a TSXV listed company with the trading symbol "CHQ", exercised 4,230,000 of the Company's Special Warrants and declared a dividend in kind of the resulting 4,230,000 Common Shares to be paid to its shareholders. For more information regarding this dividend, see Carrus' news release dated March 16, 2012.
Effective at the opening, on Friday, March 23, 2012, the Common Shares of the Company will commence trading on TSX Venture Exchange on a "when issued" basis. The Company is classified as an "Industrial Gas Manufacturing" company (NAICS Number: 325120).
Corporate Jurisdiction: Ontario
Capitalization: Unlimited Common Shares with no par value, of which 34,792,677 Common Shares will be issued and outstanding on the exercise of the Special Warrants.
Escrowed Shares: 13,417,171 Common Shares
Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: SFC
CUSIP Number: 83439D108
Agent(s)/Underwriter(s): Macquarie Private Wealth Inc.
Agent's/Underwriter's Warrants: The Agent holds 1,539,500 non-transferable Common Share purchase warrants. Each warrant entitles the Agent to purchase one Common Share at $0.20 per Common Share for a period of up to 24 months.
For further information, please refer to the Company's Prospectus dated March 8, 2012.
Company Contact: Douglas Kemp-Welch, Chief Executive Officer
Company Address: 1 First Canadian Place, 100 King Street West, Suite 1600, Toronto, Ontario, M5X 1G5
Company Phone Number: 416-803-9435
Company Email Address: firstname.lastname@example.org
Company Web Site: www.S4CO2.com