Exchange Bulletin

Horizons 0-3 Month T-Bill ETF (CBIL) To Trade On Toronto Stock Exchange

April 11, 2023

Issuer: Horizons 0-3 Month T-Bill ETF (the "ETF")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Class A units (the "Units") CBIL 400,001 None $50.00
Listing category: Non-Corporate
Trading currency: CAD
Transaction: Initial public offering of the Units (the "Offering")
Listing date: April 12, 2023 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: April 13, 2023 (prior to the opening)
Posted for trading date: April 13, 2023 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: National Bank Financial Inc.
Investor relations: Martin Fabregas
Tel.: (416) 601-2508
Incorporation: The ETF is an open-end mutual fund trust established under the laws of Ontario, on April 4, 2023 pursuant to an amended and restated master declaration of trust.
Manager: Horizons ETFs Management (Canada) Inc.
Fiscal year end: December 31
Nature of business: The ETF seeks to provide interest income through exposure to Government of Canada Treasury Bills with remaining maturities generally less than 3 months.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Distributions: It is anticipated that the ETF will make distributions to its Unitholders on a monthly basis.
Sponsorship: Not applicable
Offering document: Prospectus dated April 4, 2023 which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 400,001 Units will be issued at a subscription price of $50.00 per Unit. The ETF is authorized to issue an unlimited number of Units. Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued.
TSX contact: Selma Thaver,
Managing Director,
TSX Listings