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Aurora Cannabis Announces Filing of Preliminary Base Shelf Prospectus
Aurora Cannabis Announces Filing of Preliminary Base Shelf Prospectus Canada NewsWire ...
About this update from Aurora Cannabis Inc.
[{"type":"text","content":"\n \n \n \n Aurora Cannabis Announces Filing of Preliminary Base Shelf Prospectus\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n NASDAQ | TSX: ACB\n \n \n \n \n EDMONTON, AB\n \n \n ,\n \n \n March 17, 2023\n \n \n /CNW/ - Aurora Cannabis Inc. (\"Aurora\" or the \"Company\") (NASDAQ: ACB) (TSX: ACB), the Canadian company opening the world to cannabis, today announced it has filed a new preliminary short form base shelf prospectus (the \"Base Shelf Prospectus\") with securities regulators in each of the provinces of\n \n Canada\n \n , except\n \n Quebec\n \n .\n \n \n \n \n \n \n \n \n \n The Base Shelf Prospectus, together with a corresponding registration statement to be filed with the United States Securities and Exchange Commission, when made final or effective, will replace the Company's existing base shelf prospectus and will qualify the issuance of U.S.\n \n $650 million\n \n of common shares, warrants, options, subscription receipts, debt securities and/or units during the 25-month period that the Base Shelf Prospectus remains effective. Of the U.S.\n \n $650 million\n \n of securities to be registered under the Base Shelf Prospectus, approximately U.S.\n \n $412 million\n \n will be allocated to the potential exercise of currently outstanding warrants issued in financing transactions from 2020 to 2022. As a result, approximately U.S.\n \n $238 million\n \n will be available for potential new issuances under the Base Shelf Prospectus, which is the approximate amount available for new issuances under the Company's current base shelf prospectus.\n \n \n This news release does not constitute an offer of any securities for sale.\n \n \n \n About Aurora\n \n \n \n Aurora is opening the world to cannabis, serving both the medical and consumer markets. Headquartered in\n \n Edmonton, Alberta\n \n , Aurora is a pioneer in global cannabis, dedicated to helping people improve their lives. The Company's adult-use brand portfolio includes\n \n Aurora Drift\n \n ,\n \n San Rafael '71\n \n ,\n \n Daily S...