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METHANEX CORP Capital/Financing Update 2017

Jul 28, 2017

31356_ffr_2017-07-28_aacaaaa6-d6a5-4da3-80ad-66c66da4ec5f.zip

Capital/Financing Update

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6-K 1 july282017materialchangere.htm 6-K JULY 28, 2017 MATERIAL CHANGE REPORT html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd" Document created using Wdesk 1 Copyright 2017 Workiva Document

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF JULY 2017

COMMISSION FILE NUMBER 0-20115

METHANEX CORPORATION (Registrant’s name)

SUITE 1800, 200 BURRARD STREET, VANCOUVER, BC V6C 3M1 CANADA (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F o Form 40-F þ

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

METHANEX CORPORATION

MATERIAL CHANGE REPORT

FORM 51-102F3

  1. NAME AND ADDRESS OF COMPANY

Methanex Corporation

1800 Waterfront Centre

200 Burrard Street

Vancouver, British Columbia V6C 3M1

  1. DATE OF MATERIAL CHANGE

July 26, 2017

  1. NEWS RELEASE

The news release announcing this material change was issued on July 26, 2017 in Canada and the United States.

  1. SUMMARY OF MATERIAL CHANGE

Methanex Corporation announced on July 26, 2017 an increase to its share repurchase program.

  1. FULL DESCRIPTION OF MATERIAL CHANGE

5.1 FULL DESCRIPTION OF MATERIAL CHANGE

Methanex Corporation is amending its existing Normal Course Issuer Bid originally announced on March 6, 2017 (the “Bid”) which increases the number of common shares (“Shares”) that may be purchased under the Bid from 4,492,141 to 6,152,358, representing 10% of the public float at the time of the announcement of the Bid, and the maximum number of common shares that may be purchased under the Bid. To date, the Company has repurchased 3,755,000 Shares under the Bid at a weighted average purchase price of US$44.66 per share.

Commencing August 1, 2017, the remaining shares under the amended Bid may be purchased on the open market through the facilities of the Toronto Stock Exchange (the “TSX”) up to and including March 12, 2018. The Company has received TSX approval of the amended Bid. No other terms of the Bid have been amended.

Purchases will be made from time to time at the then current market price of the Shares and all Shares purchased will be cancelled. Subject to certain exceptions for block purchases, daily repurchases under the program will not exceed 75,192 common shares, representing 25 percent of the Company's average daily trading volume on the TSX for the six month period ended on February 28, 2017. The Company has entered into an automatic securities purchase plan with its broker in connection with purchases to be made under this program.

5.2 DISCLOSURE FOR RESTRUCTURING TRANSACTIONS

Not applicable.

  1. RELIANCE ON SUBSECTION 7.1(2) OF NATIONAL INSTRUMENT 51-102

Not applicable.

  1. OMITTED INFORMATION

Not applicable.

  1. EXECUTIVE OFFICER

For further information, contact:

Kevin Price

General Counsel & Corporate Secretary

604-661-2658

  1. DATE OF REPORT

July 28, 2017

METHANEX CORPORATION

Name: Kevin Price

Title: General Counsel & Corporate Secretary

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

/s/ KEVIN PRICE
Name: Kevin Price
Title: General Counsel & Corporate Secretary