Exchange Bulletin
The Green Organic Dutchman Holdings Ltd. (TGOD, TGOD.WT) To Trade On Toronto Stock Exchange
April 30, 2018
Issuer: The Green Organic Dutchman Holdings Ltd. (the "Company")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities |
|---|---|---|---|
| Common Shares | TGOD | 187,101,657 | 133,908,811 |
| Common Share Purchase Warrants ("Warrants") | TGOD.WT | 17,753,821 | 16,666,667 |
| Listing category: | Technology, Non-Exempt Issuer |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Units (the "Offering") |
| Listing date: | May 1, 2018 (as at 5:01 p.m.) in anticipation of closing of the Offering |
| Anticipated closing date: | May 2, 2018 (prior to the opening) |
| Posted for trading date: | May 2, 2018 (at the opening) subject to confirmation of closing of the Offering |
| Other market(s): | None |
| Temporary market maker: | RBC Capital Markets |
| Security ownership registration: | Common shares and Warrants – Certificated issue |
| Investor relations: | Danny Brody (905) 304-4201 Email: dbrody@tgod.ca |
| Incorporation: | Canada Business Corporations Act |
| Fiscal year end: | December 31 |
| Nature of business: | The Company is a cannabinoid-based research and development company with a focus on advancing the use of cannabinoids in medicine. |
| Transfer agent and registrar: | Computershare Investor Services Inc. in Vancouver and Toronto for the Common Shares and Computershare Trust Company of Canada in Vancouver for the Warrants. |
| Dividends: | None anticipated in the foreseeable future. |
| Sponsorship: | Waived |
| Disclosure document: | Amended and Restated Prospectus dated April 20, 2018 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the disclosure document. |
| Initial Public Offering: | Pursuant to the Offering, a minimum of 28,000,000 Units for gross proceeds of $102,200,000 and a maximum of 31,510,000 Units for gross proceeds of $115,011,500 will be sold at a price of $3.65 per Unit. Each unit will consist of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant, each whole Warrant exercisable into one Common Share at price of $7.00 until May 2, 2020, subject to accelerated expiry. |
Principal Terms of the Warrants
| Exercise price: | $3.00 per common share |
| Expiry: | 4:00 p.m. (Eastern time) on February 28, 2021. |
| Additional information: | The Warrants are governed by a Warrant Indenture dated November 1, 2017 between the Company and Computershare Trust Company of Canada and supplemented by the First Supplemental Warrant Indenture dated December 21, 2017. |
| TSX contact: | Julie K. Shin, Director, Listed Issuer Services, Toronto Stock Exchange. |