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Meridius Resources lists on TSX-V

2018-02-21 17:24 ET - New Listing

Meridius Resources Ltd.'s initial public offering (IPO) prospectus dated Dec. 20, 2017, has been filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia and Alberta securities commissions on Dec. 21, 2017, pursuant to the provisions of the British Columbia and Alberta securities acts.

The gross proceeds received by Meridius Resources Ltd. for the offering are $650,000 (6.5 million common shares at 10 cents per share). The company is classified as a mineral exploration and development company.

Commence date:  At the opening on Thursday, Feb. 22, 2018, the common shares will be listed and immediately halted on the TSX Venture Exchange.

Corporate jurisdiction:  British Columbia

Capitalization:  unlimited common shares with no par value, of which 11.55 million common shares are issued and outstanding

Escrowed shares:  4,825,000 common shares subject to National Policy 46-201 escrow

Transfer agent:  Computershare Investor Services Inc.

Trading symbol:  MRI

Cusip No.:  58985W106

Agent:  Haywood Securities Inc.

For further information, please refer to the company's prospectus dated Dec. 20, 2017.

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