The Toronto Stock Exchange reports that Exro Technologies Inc. will list and post for trading up to 42,857,500 common share purchase warrants at the open on Sept. 13, 2024. According to the TSX, the warrants will trade under the symbol EXRO.WT.A, in Canadian dollars and with Cusip No. 30222R 16 6.

The TSX notes that the listing covers warrants forming part of the up to 85,715,000 units to be sold to the public at 35 cents per unit, pursuant to a prospectus supplement dated Sept. 6, 2024, to the amended and restated short form base shelf prospectus dated Jan. 15, 2024. Each unit will consist of one common share and one-half of one warrant. The units will separate immediately upon the closing of the offering, which is expected to occur before the open on Sept. 13, 2024.

According to the TSX, the warrants will have an exercise price of 42 cents per share and will expire at 4 p.m. Vancouver time on the date that is 36 months following the closing date of the offering. The transfer agent and registrar is Odyssey Trust Company at its principal office in Vancouver, and the market-maker is Citadel Securities Canada ULC.

The TSX has issued a separate bulletin regarding the additional listing of the common shares pursuant to the offering.