CADC Reserve Trust Announces Final Prospectus Receipt and Availability Through SEDAR+
Loon Payments Inc., servicer and administrator of CADC Reserve Trust, brings CADC to Canadians across the country under a final prospectus.
TORONTO, Oct. 27, 2026 /PRNewswire/ -- CADC Reserve Trust (the "Issuer") today announced that the Ontario Securities Commission has issued a receipt for its final prospectus dated October 22, 2026 (the "Prospectus"), relating to a continuous offering of a blockchain-based token issued by the Issuer which references, on a one-for-one basis, the value of the Canadian dollar, and which operates on a supported blockchain (each, a "CADC Token" or "CADC") at a fixed purchase price of C$1.00 per CADC Token. Loon Payments Inc. is the servicer and administrator of the Issuer.
The Prospectus qualifies the distribution of CADC Tokens in each of the provinces and territories of Canada. The Issuer distributes CADC Tokens through a network of Authorized Participants (as defined in the Prospectus) that may include registered crypto trading platforms, Canadian financial institutions and platforms that have obtained exemptive relief to trade stablecoins on a non-custodial basis. Participation is subject to the eligibility requirements and conditions described in the Prospectus and applicable exemptive relief.
Eligible end users can obtain CADC through an Authorized Participant. CADC can be held in self-hosted wallets and used to send and receive payments. Through Paytrie, an Authorized Participant, eligible Canadian customers can purchase CADC and sell it for Canadian dollars using Interac e-Transfer, subject to Paytrie's terms of service.
"Canadians will be able to buy and sell CADC with us in Canadian dollars," said Jason Tong, Chief Executive Officer of Paytrie. "Supporting Interac e-Transfer gives eligible customers a familiar way to access CADC." "A Canadian dollar stablecoin is only useful if Canadians can get access to it," said Kevin Zhang, Chief Executive Officer of Loon Payments Inc. "Everything we have been building since 2021 has been about that."
The Prospectus describes the CADC program, the Issuer's financial reporting and monthly attestation arrangements, and applicable purchaser rights, including the conditions and limitations on those rights.
Each CADC Token is designed to maintain a stable value equivalent to one Canadian dollar. For each CADC Token purchased from the Issuer, C$1.00 is deposited into a segregated Reserve Trust Account held with ATB Financial, custodian of the assets of the Issuer. The reserve arrangements (as defined in the Prospectus) and redemption terms are described in the Prospectus.
Prospective purchasers should review the Prospectus, including its disclosure concerning reserve arrangements, redemption terms and risk factors.
This offering is only made by prospectus. The Prospectus contains important detailed information about the securities being offered and is accessible through SEDAR+. Copies of the Prospectus may be obtained from Loon Payments Inc., as servicer and administrator of the Issuer, at [email protected] or 500 4th Avenue SW, Suite 2500, Calgary, Alberta T2P 2V6. Investors should read the Prospectus before making an investment decision.
Access to the Prospectus is provided in accordance with securities legislation relating to procedures for providing access to a prospectus and any amendment. The Prospectus is accessible at www.sedarplus.ca under the profile of the Issuer. An electronic or paper copy of the final Prospectus and any amendment may be obtained, without charge, from the Issuer, care of Loon Payments Inc., at [email protected] or 500 4th Avenue SW, Suite 2500, Calgary, Alberta T2P 2V6, by providing the contact with an email address or address, as applicable.
About CADC Reserve Trust
CADC Reserve Trust is a special purpose trust established under the laws of the Province of Ontario and is the issuer of CADC Tokens.
About Loon Payments Inc.
Loon Payments Inc. is the servicer and administrator of CADC Reserve Trust and a promoter of the Issuer. Loon Payments Inc. is registered with FINTRAC as a money services business, registration number C10001420, and is a wholly owned subsidiary of Loon Technology Inc.
Media Contact
Aivan Bolambao, Loon Technology Inc.
+1613-869-5395
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained in this announcement may constitute "forward-looking information" within the meaning of applicable securities laws. Examples of forward-looking statements in this announcement include, among others, statements regarding: potential Authorized Participants; potential ways in which eligible end users may obtain CADC; potential ways in which CADC may be held, used or sold; the ability to buy and sell CADC; and expectations regarding the future of CADC, including the value thereof. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or timing to differ materially from those anticipated or implied by such forward-looking information. Information about the risks and assumptions affecting the forward-looking information herein can be found in the "Risk Factors" section of the Prospectus, a copy of which is available under the Issuer's profile on SEDAR+ at www.sedarplus.ca. All of the forward-looking information in this announcement is qualified by these cautionary statements. The Issuer assumes no obligation to publicly update or revise such information, except as may be required by applicable Canadian laws.
SOURCE Loon Payments Inc.
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