Financings
All-Canadian Oil & Gas begins trading on TSX
COIL · Price
Executive Summary
- Lightwater Partners Ltd. launched the All‑Canadian Oil & Gas ETF (ticker COIL) on the Toronto Stock Exchange.
- The ETF completed its initial public offering of Class E units, which will begin trading today.
- The fund will provide quarterly cash distributions starting Q2 2026 and seeks capital appreciation by investing in Canadian oil‑and‑gas equities and related securities.
Key Details
- ETF Name & Ticker: All‑Canadian Oil & Gas ETF (COIL).
- Manager/Trustee/Promoter: Lightwater Partners Ltd.
- Offering Completion: Initial public offering of Class E units successfully closed; units to commence trading on the TSX at market open.
- Distribution Policy: Quarterly cash distributions planned; first distribution period covers the quarter beginning April 1, 2026.
- Investment Objective: Invest primarily in equity, equity‑related and fixed‑income securities of publicly listed Canadian oil and gas companies for capital appreciation and income.
- Trading Venue: Toronto Stock Exchange (TSX).
Notable Quotes
(No direct quotes were provided in the release.)