News Release
Burcon NutraScience Corporation To Trade On Toronto Stock Exchange
Burcon NutraScience Corporation (the "Company") - An application has been granted for the original listing in the Industrial category of 30,900,826 common shares of the Company, of which 28,889,709 common shares are issued and outstanding, and 2,011,117 common shares are reserved for issuance, upon completion of a public offering of common shares (the "Offering") pursuant to a Short Form Prospectus dated June 10, 2009 (the "Prospectus"), for minimum gross proceeds of $10 million.
In anticipation of satisfactory completion of the Offering, the common shares of the Company will be listed and posted for trading at the opening on Thursday, June 18, 2009.
The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.
Stock Symbol: "BU"
CUSIP: 120831 10 2
Trading Currency: CDN
Temporary Market Maker: W. D. Latimer Co. Limited
Other Markets: The common shares of the Company have been listed on TSX Venture Exchange since February 19, 1999. The common shares will be delisted from TSX Venture Exchange on June 18, 2009, upon listing on TSX.
Head Office Address: 1946 West Broadway
Vancouver, British Columbia
V6J 1Z2
Email Address: dlaw@burcon.ca
Website: www.burcon.ca
Telephone Number: (604) 733-0896
Fax Number: (604) 733-8821
Investors Relations: Johann F. Tergesen
Tel: (604) 733-0896 ext.15
Email: jtergesen@burcon.ca
Jade Cheng
Tel: (604) 733-0896 ext. 13
Email: jcheng@burcon.ca
Chief Financial Officer: Jade Cheng
Corporate Secretary: Dorothy Law
Incorporation: The Company was incorporated under the Business Corporations Act (Yukon) on November 3, 1998 under the name "Burcon Capital Corp." as a venture capital pool corporation, and extra provincially registered in British Columbia on February 5, 1999. The Company changed its name to its current form on October 18, 1999.
Fiscal Year End: March 31
Nature of Business: The Company extracts and purifies two types of canola protein isolate ("CPI") from canola meal, a co-product (together with canola oil) of the canola seed crushing industry.
Transfer Agent & Registrar: Computershare Investor Services Inc. at its principal offices in Vancouver and Toronto.
Dividends: The Company has not paid any dividends or made any distributions since incorporation. The Company does not anticipate paying dividends in the foreseeable future.
Public Offering: Pursuant to the terms of the Prospectus, 3,000,350 common shares are being offered to the public at a price of $5.75 per share by agents Paradigm Capital Inc., BMO Nesbitt Burns Inc. and Haywood Securities Inc.
