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| FORM 13-501F1 |
| | CLASS 1 REPORTING ISSUERS AND CLASS 3B REPORTING ISSUERS - |
| PARTICIPATION FEE |
| | | MANAGEMENT CERTIFICATION |
I, Stephen C. Ruffini, an officer of the reporting issuer noted below have examined this Form 13-501F1 (the Form) being submitted hereunder to the Alberta Securities Commission and certify that to my knowledge, having exercised reasonable diligence, the information provided in the Form is complete and accurate. |
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(s) Stephen C. Ruffini | | | | | March 16, 2021 | |
Name: Stephen C. Ruffini Title: | | | | | Date: |
| | | | Chief Financial Officer |
Reporting Issuer Name: | Village Farms International, Inc. | | | | | | |
End date of previous financial year: | December 31, 2020 | | | | | | |
Type of Reporting Issuer: | Class 1 reporting issuer | | | | | | | Class 3B reporting issuer |
Highest Trading Marketplace: | Toronto Stock Exchange | | | | | | | | |
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Market value of listed or quoted equity securities: |
Equity Symbol | | | | | | | | | VFF | |
1st Specified Trading Period (dd/mm/yy) |
| | | | | | | | | 01/01/20 | to | 31/03/20 | |
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace |
| | | | | | | | | | $ | 4.04 | (i) |
Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period |
| | | | | | 56,250,419 | (ii) |
Market value of class or series | | | | | (i) x (ii) | | | | | $ | | 227,251,692.76 | (A) |
2nd Specified Trading Period (dd/mm/yy) |
| | | | | | | | | 01/01/20 | to | 30/06/20 | |
Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace |
| | | | | | | | | | $ | 6.48 | (iii) |
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| Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period |
| | 56,402,418 | (iv) |
| Market value of class or series | (iii) x (iv) | | | | $ | 365,487,668.64 | (B) |
| 3rd Specified Trading Period (dd/mm/yy) |
| | | | | 01/01/20 | to | 30/09/20 | |
| Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace |
| | | | $ | | | 6.05 | (v) |
| Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period |
| | 65,959,810 | (vi) |
| Market value of class or series | (v) x (vi) | | | | $ | 399,056,850.50 | (C) |
| 4th Specified Trading Period (dd/mm/yy) |
| | | | | 01/01/20 | to | 31/12/20 | |
| Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace |
| | | | $ | | | 12.89 | |
| Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period |
| | 66,911,811 (viii) |
| Market value of class or series | (vii) x (viii) | | | | $ | 862,493,243.79 | (D) |
| 5th Specified Trading Period (dd/mm/yy) |
| | | | | | to | | |
| Closing price of the security in the class or series on the last trading day of the specified trading period in which such security was listed or quoted on the highest trading marketplace |
| | | | $ | | | | (ix) |
| Number of securities in the class or series of such security outstanding at the end of the last trading day of the specified trading period |
| | | | | | | | (x) |
| Market value of class or series | (ix) x (x) | | | | $ | | | | (E) |
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