The common shares of the company have been halted from trading since May 10, 2022, pending completion of a qualifying transaction.

Resume trading

Effective at the opening, Monday, March 18, 2024, the common shares of Quetzal Copper Corp. will commence trading on the TSX Venture Exchange under the new symbol Q.

Qualifying transaction -- completed/new symbol

The TSX Venture Exchange has accepted for filing the company's qualifying transaction, as described in its filing statement dated Feb. 28, 2024. As a result, at the opening on Monday, March 18, 2024, the company will no longer be considered a capital pool company. The qualifying transaction includes the following.

The qualifying transaction involves the arm's-length acquisition of Quetzal Copper Ltd. in consideration of 29,937,782 shares at a deemed price of 20 cents per share. A finder's fee of 299,378 shares at 20 cents per share was issued to an arm's-length finder in connection with the transaction.

One million eight hundred fifteen thousand seven hundred eighty-three shares issued to principals pursuant to the qualifying transaction will be subject to a Tier 2 surplus security escrow agreement to be released over a 36-month period. In accordance with the exchange's seed share resale restrictions, 13,542,290 common shares issued to non-principals are legended in accordance with a Tier 2 value security escrow agreement release schedule to be released over a 36-month period upon completion of the QT. Two million nine hundred ten thousand postconsolidation shares are subject to a CPC escrow agreement to be released over an 18-month period.