The 2023 Annual and Special Meeting of Shareholders of Laramide Resources Ltd. will be held on Tuesday, May 30, 2023 at 4:00 p.m. (EDT).
All shareholder enquiries should be directed to:
Computershare Investor Services Ltd.
100 University Ave.
Toronto, ON M5J 2Y1
As a result of being continued under the laws of the Dominion of Canada, Laramide’s Shares cannot be directly traded on the ASX. As a result, Laramide investors on the ASX will be issued CDIs rather than Shares. CDIs are traded on ASX in a similar manner to shares. The Company’s Shares continue to trade on TSX under the “LAM” code.
Each CDI represents one underlying Share. The main difference between holding CDIs and Shares is that CDI holders hold the beneficial ownership in the Shares instead of legal title. CDN holds the legal title to the underlying Shares. The Shares underlying the CDIs will be registered in the name of CDN and will be held on behalf of and for the benefit of the CDI holder. CDIS are CHESS-approved from the date of Official Quotation in accordance with the ASX Listing Rules and ASX Settlement Operating Rules. Holders of CDIs may convert their CDIs to Shares that may be traded on the TSX.
Conversion of CDIs to Shares
Holders of CDIs can choose to have their CDIs converted to a direct holding of Shares. However, if they do so, they will no longer be able to trade on ASX (without converting their resultant Shares back to CDIs). Canadian securities laws restrict the trading of Shares in Canada for a period of four months and one day from the date of their issue. Accordingly, the conversion of CDIs tradeable on ASX to Shares tradeable on TSX will not be permitted before that date which is four months and one day from the date of the issue of the CDIs. This will be enforced by the Company’s share registry.
Computershare Investor Services Pty Limited
GPO Box D182
Perth WA 6840
45 St Georges Terrace
Perth WA 6000
Phone: 1300 850 505 (within Australia) / +61 8 9323 2033