Initial Public Offering: XTM eXchange Split Corp.-An Investment in TMX Group Inc.

TORONTO, ONTARIO is pleased to announce the filing of a preliminary prospectus for a proposed new offering. The offering is an investment in common shares of TMX Group Inc. which is the company resulting from the combination of TSX Group Inc. and Montreal Exchange Inc. The Company will offer two investment choices: Class A Shares (a capital share) and Priority Equity Shares (a preferred share).

XTM Split's Class A Shares offer regular monthly cash dividends targeted to be 5.00% per annum. The Class A Shares will also provide holders with any capital appreciation or dividend growth achieved in its shares of TMX Group Inc.

XTM Split's Priority Equity Shares offer fixed, cumulative preferential monthly cash dividends at a yield of 5.25% per annum, with the objective of repaying their original issue price ($10) upon termination on December 1, 2015.

Prospective purchasers may acquire shares by either paying cash for the Priority Equity Shares or Class Shares, or by exchanging freely tradeable common shares of the TMX Group Inc. for a full or partial tax-deferred rollover for Canadian tax purposes.

CIBC World Markets Inc. and RBC Dominion Securities Inc. are co-lead agents for the proposed offering. The other members of the syndicate are Scotia Capital Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., TD Securities Inc., Desjardins Securities Inc., Canaccord Capital Corporation, Dundee Securities Corporation, HSBC Securities (Canada) Inc., Raymond James Ltd., Blackmont Capital Inc., and Wellington West Capital Inc.

Please visit our website at www.XTMeXchange.com.

Contacts: XTM eXchange Split Corp. Investor Relations (416) 304-4443 or 1-877-478-2372 Email: info@xtmexchange.com Website: www.XTMeXchange.com

Canadian Life Companies ... (TSX:LFE)
Historical Stock Chart
From May 2024 to Jun 2024