The Toronto Stock Exchange reports that Phoenix Metals Corp. will be listed at 5:01 p.m. on July 8, 2026, for trading at the open on July 9, 2026, subject to confirmation of the closing of its initial public offering (IPO). According to the TSX, there will be 86,897,160 Class A common shares of the company issued and outstanding, and 16,195,716 shares reserved for issuance. The shares will trade under the symbol PCA, in Canadian dollars and with Cusip No. 71910B 30 3.
The TSX reports that the shares began trading on an if, as and when-issued basis on July 6, 2026. Subject to the IPO closing as scheduled before the open on July 9, 2026, trading on an if, as and when-issued basis will conclude at the close on July 8, 2026. As stated in its supplemented PREP prospectus dated July 2, 2026, the company is issuing 34 million shares to the public at $1.25 per share in its IPO. It has granted the underwriters an overallotment option to purchase up to an additional 5.1 million shares at the same price.
According to the TSX, Phoenix Metals is a mineral exploration and development company
focused on the exploration and advancement of the past-producing
copper-gold asset known as the Greenwood project, located in the
boundary region of Southern British Columbia, Canada. The company does not intend to pay dividends at this time. Its transfer agent and registrar is Odyssey Trust Company at its principal office in Vancouver, Calgary and Toronto, and its fiscal year-end is March 31. The temporary market-maker is Virtu Canada Corp.
For more information, see the TSX bulletins dated June 30, 2026, and July 3, 2026.
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