News Out:
TRENCH SOLUTIONS INC.
Suite 2200, 885 West Georgia Street
Vancouver, British Columbia
V6C 3E8
NEWS RELEASE
TRENCH SOLUTIONS RECEIVES CONDITIONAL APPROVAL OF CHANGE OF BUSINESS
FROM TSX VENTURE EXCHANGE AND COMPLETES FILING STATEMENT
October 29, 2020 – Vancouver, British Columbia – Trench Solutions Inc. (the “Company”) (TSXV:
TSI) is pleased to announce that it has received conditional approval from the TSX Venture
Exchange (“TSXV”) for the Company's previously announced change of business to a Tier 2
Mining Issuer (the “Change of Business”). In connection with the Change of Business, the
Company will also be completing a forward-split of its common shares (the “Split”) and a change
of name to “Trench Metals Corp.” (the “Name Change”).
Following the Name Change, the Company's new CUSIP number will be 89485U100 and its new
ISIN is CA89485U1003. Shareholders are not required to take any action with respect to the Split
or the Name Change and are not required to exchange their existing share certificates for new
certificates bearing the Company’s new name. The Company's transfer agent, Odyssey Trust
Company, will send registered shareholders a Direct Registration System advice (DRS)
representing the additional number of shares to be received as a result of the Split.
In connection with the Change of Business and pursuant to TSXV requirements, the Company
has filed a filing statement dated October 26, 2020 (the “Filing Statement”) on SEDAR under the
Company's issuer profile at www.sedar.com. Readers are strongly encouraged to review the
Filing Statement for full details on the Change of Business.
The completion of the Change of Business, Split and Name Change remains subject to final
approval by the TSXV and fulfillment of the TSXV requirements in order to obtain such approval,
including among other things, submission and acceptance of all documents requested by the
TSXV in its conditional approval letter and payment of all outstanding fees to the TSXV. Until final
approval of the TSXV is obtained and a Final Exchange Bulletin is issued, trading in the common
shares of the Company will remain halted. Upon resumption of trading, the Company will be listed
on the TSXV as a Tier 2 Mining Issuer.
The Company also announces that Edward Lyons has been appointed the board of directors of
the Company effective immediately. Following the appointment of Mr. Lyons, the board of
directors consists of Simon Cheng, Scott Davis, Mark Ferguson and Edward Lyons. No further
changes to the board of directors are contemplated in connection with the Change of Business.
For further information, contact Simon Cheng at simonchengnow+tsi@gmail.com.
On behalf of the Board,
Trench Solutions Inc.
Simon Cheng, Chief Executive Officer
