Lightwater Partners Launches the All-Canadian Oil & Gas ETF (COIL)

Executive Summary

• Lightwater Partners Ltd. launched the All‑Canadian Oil & Gas ETF (TSX: COIL) and completed the initial public offering of its Class E units.
• The units began trading on the Toronto Stock Exchange under ticker “COIL” as of market open on March 23, 2026.
• COIL will provide quarterly cash distributions to unit holders, with the first distribution period starting 1 April 2026.

Key Details

• ETF Name & Ticker: All‑Canadian Oil & Gas ETF (TSX: COIL).
• Offering Structure: Initial public offering of Class E units (“Units”).
• Trading Commencement: Units started trading on the TSX at market open on 23 Mar 2026 under ticker “COIL”.
• Manager/Trustee/Promoter: Lightwater Partners Ltd. serves in all three capacities for COIL.
• Investment Objective: Provide quarterly cash distributions and potential capital appreciation by investing primarily in equity, equity‑related, and fixed‑income securities of publicly listed Canadian oil & gas companies.
• Distribution Policy: Quarterly cash distributions; first distribution period covers the quarter beginning 1 Apr 2026. Future distribution amounts and dates will be announced via press release.
• Regulatory Status: Lightwater is registered with the Ontario Securities Commission as a Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer.

Notable Quotes

(No direct quotes were included in the release.)