Exchange Bulletin

Copperleaf Technologies Inc. (CPLF) To Trade On Toronto Stock Exchange

October 12, 2021
Issuer: Copperleaf Technologies Inc. (the "Company")
Security: Common shares (the "Shares")
Symbol: CPLF
Issue price per security: $15.00
Number of securities issued and outstanding: 68,380,516
Number of securities reserved for issuance: 15,601,112
Listing category: Industrial, Non-Exempt
Trading currencies: CDN$
Transaction: Initial public offering of Shares (the "Offering")
Listing date: October 13, 2021 (as at 5:01 p.m.) in anticipation of closing of the Offering
Anticipated closing date: October 14, 2021 (prior to the opening)
Posted for trading date: October 14, 2021 (at the opening) subject to confirmation of closing of the Offering
End of trading on an "if, as and when issued" basis: The Shares commenced trading on Toronto Stock Exchange ("TSX") on an "if, as and when issued" basis on Thursday October 7, 2021. Subject to the closing of the Offering occurring as scheduled prior to the opening of business on Thursday October 14, 2021, trading on an "if, as and when issued" basis will conclude at the close of business on October 13, 2021, unless the closing of the Offering has been delayed.
Upon closing of the Offering, a trader note will be issued to confirm that trading on an "if, as and when issued" basis has concluded.
Other markets: None
Temporary market maker: W.D. Latimer Co. Ltd.
Security ownership registration: Non-certificated inventory system administered by CDS.
Investor relations: Daryl Spencer
Corporate Secretary & Vice President, Information Systems and Operations
(604) 484-0248
Chris Allen
Chief Financial Officer
(604) 484-0257
Incorporation: Business Corporations Act (British Columbia)
Fiscal year end: December 31
Nature of business: The Company is a global provider of AI-powered decision analytics serving companies managing critical infrastructure.
Transfer agent and registrar: Odyssey Trust Company at its principal offices in Calgary and Vancouver.
Dividends: The Company does not currently anticipate paying dividends in the near future.
Sponsorship: Waived
Offering documents: Final Base PREP Prospectus dated October 6, 2021 and Supplemented PREP Prospectus dated October 6, 2021, which are available at Capitalized terms not otherwise defined herein are as defined in the offering documents.
Initial public offering: A total of 9,340,000 Shares are being sold to the public at a price of $15.00 per Share (the "Offering Price") for total gross proceeds of $140,100,000 pursuant to an initial public offering (the "Offering") that is scheduled to close before the opening on October 14, 2021. The Company has also granted the Underwriters an option, exercisable in whole or in part at any time for a period of 30 days after the Closing Date, to purchase up to an additional 1,401,000 Shares at the Offering Price (the "Overallotment Option"). The Overallotment Option has been exercised in full and will close concurrently with the Offering.
The Offering is being underwritten by Merrill Lynch Canada Inc., BMO Nesbitt Burns Inc., William Blair & Company, L.L.C., CIBC World Markets Inc., RBC Dominion Securities Inc., Canaccord Genuity Corp. and Cormark Securities Inc.
Additional information: See TSX Bulletins 2021-0956 dated October 4, 2021 and 2021-0963 dated October 7, 2021.
TSX contact: Chris Birkett,
Managing Director,
Toronto Stock Exchange