Pre-subscription terms for the 2017 issue
Québec investors interested in buying CRCD shares have to complete the secure online form during the three-week pre-subscription period from 9 a.m. on Tuesday, September 5, 2017 to midnight. on Monday, September 25, 2017. Investors with no Internet access will be able to stop by the caisse of their choosing for assistance completing the form.
Two different scenarios based on the demand
At the end of the pre-subscription period, if share demand exceeds the authorized capitalization amount of $135 million for the issue, investors will be selected at random from the pool of completed online forms for the caisse to review the pre-subscriptions. This will create a random list of all received requests to determine the priority order of the selected investors.
If share demand is less than $135 million at the end of the pre-subscription period, all investors who filled out the online form will obtain an appointment.
Investors selected will be contacted by their chosen caisse on the pre-subscription for to set up an appointment between October 10 and November 24, 2017.
In the event of withdrawals from selected investors, the next investors on the originally prepared list will be contacted in turn until the full amount of the authorized capitalization of $135 million has been reached.