Saltire Capital Ltd. Announces Dual Currency Trading for Common Shares and Warrants
TORONTO, April 23, 2025 /CNW/ - Saltire Capital Ltd. (TSX: SLT.U) (TSX: SLT.WT.U) ("Saltire" or the "Company") is pleased to announce that its common shares and warrants will commence trading in Canadian dollars on the Toronto Stock Exchange (TSX) under the symbols SLT and SLT.WT, respectively, effective April 25, 2025. The Company's securities will continue to trade in U.S. dollars under the existing symbols SLT.U and SLT.WT.U.
"We are pleased to offer our investors the flexibility to trade Saltire's securities in both Canadian and U.S. dollars," said Andrew Clark, CEO of Saltire. "This dual currency listing reflects our commitment to enhancing liquidity and accessibility for our shareholders."
No action is required by current shareholders with respect to the dual currency trading, as all existing security identifiers, including CUSIP numbers, will remain unchanged.
About Saltire Capital Ltd.
Saltire is a long-term capital partner that allocates capital to equity, debt and/or hybrid securities of high-quality private companies. Investments made by Saltire consist of meaningful and influential stakes in carefully selected private companies that the Manager believes are under-valued businesses with high barriers to entry, predictable revenue streams and cash flows and defensive characteristics, with a view to significantly improve the fundamental value over the long-term. Although Saltire primarily allocates capital to private companies, Saltire may, in certain circumstances if the opportunity arises, also pursue opportunities with orphaned or value challenged small and micro-cap public companies. Saltire provides investors with access to private and control-level investments typically reserved for larger players, while maintaining liquidity.
Forward-Looking Statements
Certain statements in this press release are prospective in nature and constitute forward-looking information and/or forward-looking statements within the meaning of applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements include, but are not limited to, statements concerning the effects of Saltire's securities trading in Canadian dollars, as well as other statements with respect to management's beliefs, plans, estimates and intentions, and similar statements concerning anticipated future events, results, outlook, circumstances, performance or expectations that are not historical facts.
Forward-looking statements generally, but not always, can be identified by the use of forward-looking terminology such as "outlook", "objective", "may", "could", "would", "will", "expect", "intend", "estimate", "forecasts", "seek", "anticipate", "believes", "should", "plans" or "continue" or similar expressions suggesting future outcomes or events and the negative of any of these terms.
Forward-looking statements reflect management's current beliefs, expectations and assumptions and are based on information currently available to management. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve known and unknown risks and uncertainties and other factors that could cause actual results to differ materially from those contemplated by such statements. Factors that could cause such differences include but are not limited to those risk factors set out in the Company's final prospectus dated August 2, 2024, which is available on the Company's profile on SEDAR+ at www.sedarplus.ca.
All forward-looking statements included in and incorporated into this press release are qualified by these cautionary statements. Unless otherwise indicated, the forward-looking statements contained herein are made as of the date of this press release, and except as required by applicable law, the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE Saltire Capital Ltd.