21:52:46 EDT Tue 29 Sep 2026
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Wellstar Technologies to trade on TSX-V on Oct. 1

2026-09-29 20:04 ET - New Listing

New listing -- shares

Effective at the opening, Thursday, Oct. 1, 2026, the subordinate voting shares of the company will commence trading on the TSX Venture Exchange. The company is classified as a computer systems design and related services (except video game design and development) company.

The company's filing statement, dated Sept. 25, 2026, has been filed with and accepted by the TSX Venture Exchange.

On Sept. 29, 2026, 1587818 B.C. (818 B.C.) and Wellstar Technologies Corp. completed an arm's-length amalgamation. Consideration for the amalgamation consisted of the issuance of 29,745,608 resulting issuer subordinate voting shares and 41.62 million resulting issuer multiple voting shares at a deemed $6.18 per share.

Wellstar completed a private placement in connection with the amalgamation resulting in the issuance of 5,857,700 resulting issuer subordinate voting shares.

818 B.C. completed private placements in connection with the amalgamation resulting in the issuance of 3,555,293 resulting issuer subordinate voting shares.

Postamalgamation, the resulting issuer's name was changed to Wellstar Technologies.

The outstanding common shares of the company are designated as subordinate voting shares and multiple voting shares. The multiple voting shares are not listed on the exchange.

Three million three hundred sixty-two thousand two hundred twenty-six subordinate voting shares and 41.62 million multiple voting shares issued to principals are subject to a Tier 1 escrow agreement to be released over an 18-month period. In accordance with the exchange's seed share resale restrictions, 3,663,952 subordinate voting shares issued to non-principals are legended and will be released over a 12-month period.

For further information, please refer to the company's filing statement, dated Sept. 25, 2026, and the company's closing news release, dated Sept. 29, 2026.

Corporate jurisdiction:  British Columbia

Capitalization:  unlimited common shares with no par value, of which 35,603,308 subordinate voting shares are issued and outstanding; 41.62 million multiple voting shares issued and outstanding

Escrowed shares:  3,362,226 subordinate voting shares; 41.62 million multiple voting shares

Transfer agent:  Computershare Investor Services Inc.

Trading symbol:  WSTR (new)

Cusip No.:  95024W 10 1 (new)

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