Press Release

Press Release

Shares

Structure of the Company

•The public listed entity will become a public, delisted company in accordance with British Columbian and Canadian Securities laws. 

•AGM held annually.

•Shareholder records kept by Clark Wilson (securities law firm) and Odyssey Trust (transfer agent)


Shares


Shares remain with the Shareholder's brokerage.  Nothing needs to be done for Shareholders to retain their holdings.

We encourage Shareholders to retain their shares in their current form to avoid complications.


- If a Shareholder elects, they can request that their shares be held on the books of the Company, and be issued a DRS form (Direct Registration System).  In this case,   they will become registered shareholders on the books of the Company.   Shareholders will need to reach out to their brokerage directly if they want to obtain the shares certificate.

•Shareholding will remain intact, although shares are delisted 

•Transaction does not result in any shareholder dilution


Royalties

•Applicable Royalties will be paid annually.

•Private numbered company will deliver royalties owed to the current entity; board will then issue a dividend. 

•Payment facilitated by transfer agent, Odyssey Trust, who can issue payment to shareholder by a variety of methods.  


Questions

Shareholders are encouraged to provide the Company with their email address to receive efficient and accurate information in the future. 


info@replicel.com

604 248 8730


Odyssey Trust: Odyssey Trust

Clark Wilson: Clark Wilson LLP