Search results will open in a new window on money.tmx.com.

Exchange Bulletin

Nomad Royalty Company Ltd. (NSR) To Trade On Toronto Stock Exchange


May 27, 2020
Issuer: Nomad Royalty Company Ltd. (the "Company")
Security: Common shares (the "Shares")
Symbol: NSR
Number of securities issued and outstanding: 511,015,979 Shares
Number of securities reserved for issuance: 66,901,597 Shares
Listing category: Industrial, Non-Exempt Issuer
Trading currency: CDN $
Transaction and Name Change: Pursuant to the Vend In Agreements with the Orion Group and the Yamana Group dated February 23, 2020, the Company (formerly Guerrero Ventures Inc. ("Guerrero")) will be acquiring two portfolios comprising an aggregate of ten royalty, stream and gold loan assets (the "Vend In Transactions"). Effective on May 22, 2020, in connection with the closing of the Vend In Transactions, Guerrero changed its corporate name to Nomad Royalty Company Ltd.
Listing and posted for trading date: May 29, 2020 (at the opening), in anticipation of the closing of the Vend In Transactions
Other market(s): The Shares have been listed and trading on TSX Venture Exchange ("TSXV") under the symbol "GV". Subject to the closing of the Vend In Transactions, it is anticipated that the Shares will be delisted from TSXV on May 29, 2020, upon commencement of trading on Toronto Stock Exchange.
Temporary market maker: Questrade Inc.
Security ownership registration: Uncertificated Issue—Non-Certificated Inventory
Investor relations: Mr. Vincent Metcalfe
(514) 249-9960
Email: vmetcalfe@nomadroyalty.com

Ms. Elif Lévesque
(514) 458-6840
Email: elevesque@nomadroyalty.com

Mr. Joseph de la Plante
(514) 546-1070
Email: jdelaplante@nomadroyalty.com
Incorporation: Canada Business Corporations Act
Fiscal year end: December 31
Nature of business: Upon closing of the Vend In Transactions, the Company will be a growth-oriented precious metal royalty and streaming company that is focused on maximizing returns for its shareholders by growing its asset base, both organically and through accretive acquisitions of precious metal and other high-quality royalties, streams and similar interests, and by returning capital to its shareholders through quarterly dividend payments.
Transfer agent and registrar: Computershare Investor Services Inc. at its principal offices in Montréal and Toronto
Dividends: It is expected that the Company will establish a policy of declaring a quarterly dividend, subject to the availability of cash flow. The amount of the dividend will be determined quarterly. Any determination to pay dividends in the future will be at the discretion of the board of directors of the Company.
Sponsorship: Waived
Disclosure document: Filing statement dated May 15, 2020, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Filing statement.
Offering: Private placement of subscription receipts (the "Subscription Receipts") pursuant to which the Company issued, on April 2, 24, and May 21, 2020, an aggregate of 14,777,778 Subscription Receipts at a price of $0.90 per Subscription Receipt for gross proceeds of $13,300,000. Each Subscription Receipt will be exchanged for one Share upon closing of the Vend In Transactions.
TSX contact: Chris Birkett,
Managing Director,
Toronto Stock Exchange