The Toronto Stock Exchange reports that 1373113 B.C. Ltd., and a management-led group consisting of Canaccord Genuity Group Inc.'s president and chief executive officer, and certain officers and employees of Canaccord and its subsidiaries, have made an offer to purchase all of the issued and outstanding shares of Canaccord for $11.25 per share. According to the TSX, the offer will expire at 11:59 p.m. Toronto time on June 13, 2023.

To tender to the offer, shareholders must deposit the letter of transmittal with share certificates to Kingsdale Advisors, the depositary, at its principal office in Toronto before the offer expiry time. The notice of guaranteed delivery must be completed and received by the depositary on or prior to the expiry time. The letter of transmittal along with the common shares pertaining to the notice of guaranteed delivery must be received in Toronto on or prior to 5 p.m. Toronto time on the third TSX trading day after the expiry time.

The TSX notes that no soliciting dealer group will be formed prior to the current expiry time of the offer. There will be no mandatory trading and settlement rules, because the letter of transmittal along with the shares, if applicable, pertaining to the notice of guaranteed delivery must be received in Toronto prior to 5 p.m. Toronto time on the third tsx trading day after the expiry time.

For more information, see the offer to purchase and takeover bid circular dated Feb. 27, 2023, and the notice of variation and change dated May 12, 2023.