Fountainhall Capital Corp.'s capital pool company (CPC) prospectus dated Oct. 7, 2021, has been filed with and accepted by the TSX Venture Exchange, and the British Columbia, Ontario and Alberta securities commissions effective Oct. 8, 2021, pursuant to the provisions of the British Columbia Securities Act and Multilateral Instrument 11-102, Passport System, in Alberta. The common shares of the company will be listed on the TSX Venture Exchange on the effective date stated below.
The company intends to complete its initial distribution of securities to the public. The gross proceeds to be received by the company for the offering will be $322,500 (2.15 million common shares at 15 cents per share).
Commence date: At the market open, Dec. 14, 2021, the common shares will be listed and immediately halted on the TSX Venture Exchange.
The closing of the public offering is scheduled to occur on Dec. 14, 2021. A further notice will be issued upon the receipt of closing confirmation and the trading halt will be lifted.
Corporate jurisdiction: British Columbia
Capitalization: unlimited common shares with no par value, of which
5.15 million common shares will be issued and outstanding at the closing of the offering
Escrowed shares: three million common shares to be subject to escrow at the closing of the offering
Transfer agent: Computershare Investor Services Inc.
Trading symbol: FUN.P
Cusip No.: 35084J 10 3
Agent: Haywood Securities Inc.
Agent's warrants: 100,000 non-transferable warrants (One warrant entitles the holder to purchase one common share of the company at 15 cents per share for a period of 24 months from listing date.)
For further information, please refer to the company's prospectus dated Oct. 7, 2021.
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