In Canada, EverGen Infrastructure Corp. has filed, and obtained a receipt for, a final long-form prospectus dated July 26, 2021 with the securities regulatory authorities in each of the provinces of Canada, relating to its previously announced proposed initial public offering of 3,080,000 units of the Company at a price of C$6.50 per Offered Unit for aggregate gross proceeds of C$20,020,000 The Company h.as also granted the Underwriters with an over-allotment option to purchase up to an additional 462,000 Offered Units at the Offering Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering. If the over-allotment option is exercised in full, additional gross proceeds of C$3,003,000 will be raised.
The closing of the Offering is expected to occur on or about August 4, 2021, subject to customary closing conditions and the receipt of all necessary regulatory approvals. EverGen has received conditional listing approval of the TSX Venture Exchange for the listing of its common shares. Listing remains subject to EverGen fulfilling customary TSX-V requirements. The common shares are expected to commence trading on the TSX-V under the symbol “EVGN” on or about August 4, 2021.