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In connection with Canacols listing on the Colombia Stock Exchange (“BVC”), was there any new shares issued?

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In connection with Canacols listing on the Colombia Stock Exchange (“BVC”), was there any new shares issued?

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The new listing did not involve the issuance of new common shares of the Corporation or any securities or derivatives, such as ADRs, as it was structured solely to allow the common shares of the Corporation that are currently issued and outstanding, and trading on the TSX Venture Exchange, to be tradeable by investors through BVC’s facilities. Other than enabling investors to buy and sell shares in Colombian pesos, the listing did not result in any changes to the rights and entitlements of holders of the Corporation’s shares, irrespective of whether they purchase their shares through the TSX Venture Exchange or the BVC.

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