FormerXBC Inc XEBEQ

Post-Graduation Excitement

[ZouZS3]

Established companies will generally list on TSX. Many companies who graduate to the TSX realize a step-up in their share price due to the increased credibility and public exposure of a TSX-listed company. Most companies uplisted to TSX had an average share price over the 30 trading days post-graduation that was higher than the 30 trading days preceding graduation. On average, the share price goes up over 3% in that time frame, but some show an increase of over 25%. That brings us to $6.46. A company that realizes an increase in share value will find itself in a much more favourable position to engage in M&A transactions. (20-30 companies in the nest 4 years) We will also experience less adverse dilutive effects. (no more shares used in transactions) The added liquidity and other benefits inherent in a TSX-listed stock makes the company's shares more attractive to asset owners and shareholders of a target corporation. Greater attention from the media and financial analysts will be welcomed, this may actually do a disservice to the share price when listed. If the analysts find that XBC is over-valued (such as M Partners) in the market, the price might actually decline post-graduation. Nathalie Thberge brings over 25 years of legal experience & she was clearly hired for the uplisting final process as she is the contact person on Sedar.