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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
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CSE Bulletin: Notice of Distribution and Reclassification - PreveCeutical Medical Inc. (PREV)

PREV · Price

Executive Summary

  • PreveCeutical Medical Inc. announced that the re‑classification of its common shares and the previously disclosed plan of arrangement with BioGene Therapeutics Inc. will become effective on November 25, 2025.
  • Under the Arrangement, 12 million BioGene ordinary shares (“BioGene Spinout Shares”) will be distributed to PreveCeutical shareholders; each existing PreveCeutical share will be exchanged for one new PreveCeutical Class A common share and 0.02 BioGene Spinout Shares (rounded down).
  • The company’s securities will receive new CUSIP/ISIN identifiers, with the old shares delisted on November 24, 2025 and trading of the newly‑issued shares commencing on November 25, 2025.

Key Details

  • Effective Date: November 25, 2025 (share reclassification and distribution).
  • Arrangement Structure: Statutory plan of arrangement; PreveCeutical will rename its current common shares as “Class A Common Shares without par value” and create an unlimited‑quantity new class of common shares with identical rights.
  • Distribution Ratio: 1 PreveCeutical Current Share → 1 New PreveCeutical Share + 0.02 BioGene Spinout Shares (rounded down to the nearest whole share).
  • Total BioGene Shares Distributed: 12,000,000 ordinary shares of BioGene Therapeutics Inc.
  • Security Identifiers – Old:
  • Name: PreveCeutical Medical Inc. – Common Shares
  • Symbol: PREV
  • CUSIP/ISIN: 74141E104 / CA74141E1043
  • Security Identifiers – New (effective Nov 25, 2025):
  • Name: PreveCeutical Medical Inc. – Common Shares
  • Symbol: PREV
  • CUSIP: 74143C106
  • ISIN: CA74143C1068
  • Delisting: Old securities to be delisted on November 24, 2025.
  • Trading Commencement: New securities begin trading on November 25, 2025.
  • Contact Information: Listings department – (416) 367‑7340; email: [email protected].

Notable Quotes

(No quotes were provided in the release.)

Read the original news release →

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