13:07:27 EST Wed 10 Dec 2025
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Rockpoint Gas Storage Inc
Symbol RGSI
Shares Issued 53,200,000
Close 2025-10-10 C$ 25.50
Market Cap C$ 1,356,600,000
Recent Sedar Documents

Rockpoint Gas Storage IPO to close Oct. 15

2025-10-10 21:17 ET - New Listing

The Toronto Stock Exchange reports that Rockpoint Gas Storage Inc. will be listed at 5:01 p.m. on Oct. 14, 2025, for trading at the open on Oct. 15, 2025. According to the TSX, there will be 53.2 million Class A common shares of the company issued and outstanding, and 85.12 million shares reserved for issuance. The shares will trade under the symbol RGSI, in Canadian dollars and with Cusip No. 773915 10 3.

The TSX notes that the Class A shares commenced trading on an if, as and when-issued basis on Oct. 9, 2025. Subject to the initial public offering closing as scheduled before the open on Oct. 15, 2025, trading on an if, as and when-issued basis will conclude at the close on Oct. 14, 2025, unless the closing has been delayed. The temporary market-maker is W.D. Latimer Co. Ltd.

According to the TSX, Rockpoint will hold a 40-per-cent interest in a business that owns and operates a portfolio of natural gas storage facilities in North America. The company currently intends to pay a quarterly dividend in an amount based on its share of the OpCos distributable cash flow. Rockpoint's transfer agent and registrar is Computershare Trust Company at its principal office in Calgary, and its fiscal year-end is March 31.

As stated in the company's supplemented PREP prospectus dated Oct. 8, 2025, 32 million Class A shares are being offered to the public at a price of $22 per share for total gross proceeds to the company of $704-million, pursuant to the offering that is scheduled to close before the opening on Oct. 15, 2025. In addition, the selling shareholders have granted to the underwriters an overallotment option pursuant to which the underwriters may purchase from the selling shareholders up to 4.8 million additional Class A shares at the same price.

For more information, see the TSX bulletins dated Oct. 7, 2025, and Oct. 9, 2025.

© 2025 Canjex Publishing Ltd. All rights reserved.