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Neptune Dash commences trading on TSX Venture Exchange under symbol "DASH"
Neptune Dash (TSXV:DASH) has announced it has started trading on the TSX Venture Exchange under the symbol DASH. As quoted in the press release: New Board and Management of the Company The board of directors of the Company is comprised of Cale Moodie, Troy Wong, Guy Halford-Thompson, Jackson Warrenand Dario Meli. Management of the Company is comprised of Cale Moodie, President …
Neptune Dash (TSXV:DASH) has announced it has started trading on the TSX Venture Exchange under the symbol DASH.
As quoted in the press release:
New Board and Management of the CompanyThe board of directors of the Company is comprised of Cale Moodie, Troy Wong, Guy Halford-Thompson, Jackson Warrenand Dario Meli. Management of the Company is comprised of Cale Moodie, President and Chief Executive Officer, Troy Wong, Chief Financial Officer and Secretary, and Kalle Radage, Chief Operating Officer. Biographies of the new board members and management are included in the Company’s Form 2B Listing Application dated January 15, 2018 available on SEDAR at www.sedar.com.
Escrowed Securities and Other Resale Restrictions
In accordance with the policies of the TSXV, an aggregate of 26,593,329 common shares of the Company (the “Escrowed Shares“) will be held in escrow pursuant to an escrow agreement (the “Escrow Agreement“) among the Company, TSX Trust Company, as escrow agent, and certain securityholders of the Company. The Escrowed Shares will be released from escrow as follows: 25% upon issuance of the Final Bulletin; 25% on the date that is six months after the date of the Final Bulletin; 25% on the date that is 12 months after the date of the Final Bulletin; and 25% on the date that is 18 months after the date of the Final Bulletin. Also in accordance with the policies of the TSXV, an aggregate of 10,700,000 common shares of the Company will be subject to seed share resale restrictions over the course of one year, such that 20% are released upon the Final Bulletin and 20% released every three months thereafter.
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