05:22:24 EDT Fri 24 Jul 2026
Enter Symbol
or Name
USA
CA



Amapa Minerals receives conditional OK for listing

2026-07-24 00:01 ET - New Listing

The Toronto Stock Exchange reports that it has conditionally approved an application for the listing of the common shares of Amapa Minerals Holdings Inc., subject to the completion of a proposed public offering of these securities, as described in the company's amended and restated preliminary base PREP prospectus dated July 15, 2026. According to the TSX, the company expects to file, in the next few days, a final base PREP prospectus and a supplemented PREP prospectus for its offering of shares. As soon as possible after the final base PREP prospectus is cleared by the relevant securities regulatory authorities and the company has announced the pricing of the offering, the TSX will post the shares for trading on an if, as and when-issued basis under the symbol AMAP, in Canadian dollars and with Cusip No. 02290C 10 8. Before the shares are posted for trading on such basis, the TSX will issue a bulletin to confirm both the pricing and the expected closing date for the offering. If and when the offering closes, the shares will be listed on the TSX.

The TSX notes that subject to the closing of the offering, all trades in the Amapa Minerals on and before the trading day immediately preceding the closing date will be for special settlement on the closing date and will appear on the settlement report from CDS Clearing and Depository Services Inc. If the offering does not close, all of the if, as and when-issued trades will be cancelled. No securities will be delivered and no money will be owed by purchasers to sellers. Parties who are entitled to receive shares under the offering may sell such securities in the if, as and when-issued market without being subject to restrictions on short sales. Parties who are not entitled to receive shares under the offering must comply with the short sale rule in all respects for any sales they make in the if, as and when-issued market. If and when the offering closes, there will be no further trading on an if, as and when-issued basis, and the shares issued at such closing will trade on a regular settlement basis.

According to the TSX, Amapa Minerals is a gold mining company, with its principal asset being the Amapa project, which is situated within the Guiana Shield in northern Brazil. The company has not declared a dividend since incorporation and does not anticipate doing so in the foreseeable future. The company's transfer agent and registrar is Computershare Investor Services Inc. at its principal office in Toronto, its fiscal year-end is Dec. 31, and the temporary market-maker is Virtu Canada Corp.

The TSX reports that the offering will comprise a treasury offering by the company for gross proceeds of approximately $140-million to the company (assuming the overallotment option (as defined below) is not exercised). The shares are being offered by Canaccord Genuity Corp. and BMO Nesbitt Burns Inc., as joint lead bookrunners, Banco BTG Pactual S.A. –- Cayman branch as joint bookrunner, and Bradesco Securities Inc., as co-manager. The company has granted the underwriters an overallotment option to purchase up to an additional 15 per cent of the total number of shares issued under the offering.

© 2026 Canjex Publishing Ltd. All rights reserved.