Exchange Bulletin
GURU Organic Energy Corp. (GURU) To Trade On Toronto Stock Exchange
October 29, 2020
| Issuer: | GURU Organic Energy Corp. (the "Company") |
| Security: | Common shares (the "Shares") |
| Symbol: | GURU |
| Number of securities issued and outstanding: | 28,907,956 Shares |
| Number of securities reserved for issuance: | 3,215,594 Shares |
| Listing category: | Industrial, Exempt Issuer |
| Trading currency: | CDN $ |
| Listing and posted for trading date: | November 2, 2020 (at the opening) |
| Transaction and Name Change: | Recently effected amalgamation (the "Qualifying Transaction") involving Mira X Acquisition Corp. ("Mira X"), a capital pool company listed on TSX Venture Exchange ("TSXV") (Symbol: MIRA.P), Mira X Subco Inc., a wholly-owned subsidiary of Mira X and 6384269 Canada Inc. ("GURU"), a private corporation, and pursuant to which Mira X changed its name to GURU Organic Energy Corp. As a result of the Qualifying Transaction, Mira X acquired all of the issued and outstanding common shares of GURU, such that it became a wholly-owned subsidiary of Mira X. |
| Consolidation: | Immediately prior to completion of the Qualifying Transaction, the common shares of Mira X were consolidated on the basis of one post-consolidated common share for every 83.846 common shares issued and outstanding immediately before the consolidation (the "Consolidation"). No fractional Mira X common shares were issued pursuant to the Consolidation. Fractional entitlements were rounded down to the next lowest whole number. As a result of the Qualifying Transaction, shareholders of GURU will receive one Share of the Company after giving effect to the Consolidation for every GURU common share held immediately prior to the Qualifying Transaction. |
| Other market(s): | The Shares have been listed and trading on TSX Venture Exchange ("TSXV") under the symbol "MIRA.P". The Shares will be delisted from TSXV on November 2, 2020, upon commencement of trading on Toronto Stock Exchange. |
| Temporary market maker: | W.D. Latimer Co. Ltd. |
| Security ownership registration: | Certificated Issue and Direct Registration System |
| Investor relations: | Carl Goyette Chief Executive Officer Tel.: (514) 845-4878, ext. 240 carl.goyette@guruenergy.com - and - Ingy Sarraf Chief Financial Officer and Corporate Secretary Tel.: (514) 845-4878, ext. 224 ingy.sarraf@guruenergy.com |
| Incorporation: | Business Corporations Act (Ontario) |
| Fiscal year end: | October 31 |
| Nature of business: | The Company markets organic energy drinks in Canada and in the United States. |
| Transfer agent and registrar: | TSX Trust Company at its principal offices in Montréal and Toronto |
| Dividends: | It is not anticipated that the Company will pay any dividends in the foreseeable future. |
| Sponsorship: | Stifel Nicolaus Canada Inc. |
| Offering: | Private placement of subscription receipts (the "Subscription Receipts") which closed on September 30, 2020 and pursuant to which GURU issued an aggregate of 6,330,750 Subscription Receipts at a price of $5.45 per Subscription Receipt for gross proceeds of $34,502,587.50. Each Subscription Receipt was exchanged for one Share upon closing of the Qualifying Transaction. |
| Disclosure document: | Filing statement dated October 22, 2020, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the filing statement. |
| TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |
