Exhibit 99.50
Prometic Life Sciences Inc.
FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1 - | Name and Address of the Company |
Prometic Life Sciences Inc.
440 Armand-Frappier Blvd., Suite 300
Laval (Québec) H7V 4B4
(“Prometic” or the “Corporation”)
Item 2 - | Date of Material Change |
March 25, 2019
Item 3 - | News Release |
A press release announcing the material change referred to in this report was issued by Prometic on March 25, 2019 and disseminated on newswires in Canada and United States.
Item 4 - | Summary of Material Change |
Prometic secures additional USD $5 million (CAD $6.7 million) tranche from Structured Alpha LP, an affiliate of Thomvest Asset Management Inc., under its existing credit facilities.
Item 5 - | Full Description of Material Change |
Prometic Life Sciences Inc. (“Prometic” or the “Corporation”) announced that it has secured an additional USD $5 million (CAD $6.7 million) tranche from Structured Alpha LP (“SALP”), an affiliate of Thomvest Asset Management Inc., under the existing loan agreement originally entered into with SALP in November 2017. The proceeds of this loan extension will be used to satisfy the near-term cash requirements of the Corporation.
Item 6 - | Reliance on subsection 7.1(2) of National Instrument 51-102 |
There is no reliance on subsection 7.1(2) of National Instrument 51-102.
Item 7 - | Omitted Information |
No material information has been omitted in respect of the material change described above.
Item 8 - | Executive Officer |
The foregoing accurately discloses the material change referred to in this report and inquiries in respect of the material change referred to in this report may be made to:
Patrick Sartore
Chief Legal Officer and
Corporate Secretary
(450) 781-0115
p.sartore@prometic.com
Item 9 - | Date of Report |
March 28, 2019
Prometic Life Sciences Inc.
(s) Patrick Sartore |
Patrick Sartore |
Chief Legal Officer and |
Corporate Secretary |