Exchange Bulletin

Pieridae Energy Limited (PEA) To Trade On Toronto Stock Exchange

June 1, 2020
Issuer: Pieridae Energy Limited (the "Company")
Security: Common shares (the "Shares")
Symbol: PEA
Number of securities issued and outstanding: 157,641,871 Shares
Number of securities reserved for issuance: 16,353,892 Shares
Trading currency: CDN$
Listing date: June 3, 2020 (at the opening)
Posted for trading date: June 3, 2020 (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 November 2, 2017 and trade under the symbol "PEA". The Shares will be delisted from TSXV on June 3, 2020 upon commencement of trading on Toronto Stock Exchange.
Designated market maker: Citadel Securities Canada ULC
Security ownership registration: Certificated issue
Investor relations: James Millar
Incorporation: Canada Business Corporations Act
Fiscal year end: December 31
Nature of business: The Company is organized into two segments: the Upstream Segment and the LNG Segment. The Upstream Segment owns producing properties in Alberta and British Columbia, pipelines, gas plants and associated facilities. The LNG Segment is engaged in the development of an LNG plant in Goldboro, Nova Scotia.
Transfer agent and registrar: Computershare Investor Services Inc. at its principal offices in Calgary, Montreal and Toronto.
Dividends: None anticipated in the foreseeable future. Any future decision to pay dividends will be at the discretion of the board of directors and will depend on the financial position of the Company, its results of operations and its capital requirements and such other factors as the board of directors considers relevant.
Sponsorship: Not applicable
Disclosure document: Annual Information Form dated April 15, 2020 which is available at Capitalized terms not otherwise defined herein are as defined in the disclosure document.
TSX contact: Chris Birkett,
Managing Director,
Toronto Stock Exchange