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Bulletin de la Bourse

Pipestone Energy Corp. (PIPE, PIPE.WT) inscrit à la Bourse de Toronto


14 décembre 2020

Issuer: Pipestone Energy Corp. (the "Company")

Security:SymbolIssued and Outstanding SecuritiesReserved SecuritiesTrading Currency
Common Shares PIPE 190,776,462 147,016,191 CDN$
Common Share Purchase Warrants ("Warrants") PIPE.WT 175,188,092 0 CDN$
Listing category: Oil & Gas, Non-Exempt
Trading currency: CDN$
Listing and posted for trading date: December 16, 2020 (at the opening)
Other market(s): The Common Shares commenced trading on TSX Venture Exchange ("TSXV") since January 9, 2019 under the symbol "PIPE". The Warrants have been listed on TSXV since January 18, 2019 under the symbol "PIPE.WT". The aforementioned securities will be delisted from TSXV on December 16, 2020, upon commencement of trading on Toronto Stock Exchange ("TSX").
Temporary market maker: Independent Trading Group (ITG) Inc.
Security ownership registration: Certificated Issue and Direct Registration System for the Common Shares and Certificated Issue for the Warrants.
Investor relations: Craig Nieboer
Chief Financial Officer
(587) 392-8408
Email: craig.nieboer@pipestonecorp.com

-- OR –

Dan van Kessel
VP, Corporate Development
(587) 392-8414
Email: dan.vankessel@pipestonecorp.com
Incorporation: Business Corporations Act (Alberta) on January 4, 2019
Fiscal year end: December 31
Nature of business: The principal undertaking of the Company is the exploration, development, and production of petroleum and natural gas assets in Western Canada, primarily focused on the development and exploitation of resource and lands in Northwest Alberta and the condensate rich Montney asset.
Transfer agent and registrar: Computershare Trust Company of Canada at its principal office in Calgary for the Common Shares; Computershare Trust Company of Canada at its principal office in Vancouver for the Warrants.
Dividends: The Company does not anticipate paying cash dividends on the Common Shares in the near term.
Sponsorship: Not applicable.

Principal Terms of the Warrants

Symbol: PIPE.WT
Exercise price: $3.00 per Common Share (a total of 10 warrants and $3.00 aggregate proceeds is required to purchase one common share)
Expiry: May 19, 2021
Additional Information: Warrant indenture dated May 9, 2016 between the Company (successor to Blackbird Energy Inc.) and Computershare Trust Company of Canada.
TSX contact: Chris Birkett,
Managing Director,
Toronto Stock Exchange.