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.