Aurora files shelf prospectus to gain continued financial flexibility
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EDMONTON – Aurora Cannabis has completed the previously filed At-The-Market program and therefore has filed a new preliminary short form base shelf prospectus with securities regulators in most of Canada, except Quebec, and the United States.
The shelf prospectus is intended to provide the company with continued financial flexibility going forward.
When made final the company will be able to offers “of up to US$500 million of common shares, preferred shares, warrants, subscription receipts and debt securities or any combination thereof during the 25-month period the base shelf prospectus remains effective,” says a release.
The specific terms of any offering of securities, including the use of proceeds from any offering, will be set forth in a prospectus supplement to the Shelf Prospectus, which will be filed with the applicable Canadian securities regulatory authorities and the SEC.
