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Provider: Reuters Investment Profile

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Maple Leaf Resource Corp Completes Initial Public Offering-Market News Publishing

Wednesday, 3 Apr 2013 06:12pm EDT 

Market News Publishing reported that Maple Leaf Resource Corp announced that it has successfully completed its Initial Public Offering (the IPO) of 2,000,000 common shares (each, a Share) at a price of $0.10 per Share for gross proceeds of $200,000 (the Proceeds). Macquarie Private Wealth Inc. acted as agent (the Agent) for the IPO. Maple Leaf also granted an aggregate of 200,000 stock options to its directors and officers, each of which is exercisable into one Share at a price of $0.10 per Share for a period of five years from the date of the listing of the Shares on the Exchange. The Company has received conditional approval to list as a Capital Pool Company (as defined in the policies of the Exchange). The Company will submit the final documents to the Exchange to commence trading. The Company anticipates that it will trade under the symbol MPL.P. The Company intends to use the net proceeds of the IPO to identify and evaluate potential Qualifying Transactions. 

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0.04 +26.67%
14 Apr 2014