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PopReach Files Preliminary Base Shelf Prospectus

PopReach Files Preliminary Base Shelf Prospectus Canada NewsWire TORO...

articleIonik CorporationJanuary 8, 20213/company/popreach-corporation/news/popreach-files-preliminary-base-shelf-prospectus
PopReach Files Preliminary Base Shelf Prospectus

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[{"type":"text","content":"\n \n \n \n PopReach Files 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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n Jan. 8, 2021\n \n /CNW/ - PopReach Corporation (\"\n \n PopReach\n \n \" or the \"\n \n Company\n \n \") (TSXV: POPR) (OTCQX: POPRF) announced today that it has filed and obtained a receipt for a preliminary short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada.\n \n \n \n \n \n \n \n \n \n Upon a final short form base shelf prospectus (the \"\n \n Shelf Prospectus\n \n \") becoming effective, these filings will, subject to securities regulatory requirements, allow the Company to issue common shares, preferred shares, units, debt securities, subscription receipts and warrants (the \"\n \n Securities\n \n \") in amounts, at prices and on terms based on market conditions at the time of sale and set forth in an accompanying Shelf Prospectus supplement (\"\n \n Prospectus Supplement\n \n \"), for an aggregate offering amount of up to\n \n $150,000,000\n \n during the 25 month period that the Shelf Prospectus is effective.\n \n \n Unless otherwise specified in a Prospectus Supplement, the net proceeds from the sale of Securities for cash may be used for potential future acquisitions, capital expenditures, to repay indebtedness and general working capital purposes. Each Prospectus Supplement will contain specific information concerning the use of proceeds from that sale of Securities. There is no certainty that any Securities will be offered or sold under the Shelf Prospectus within the 25 month period.\n \n \n This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in\n \n the United States\n \n or in any jurisdiction where the offer, sale or solicitation would be unlawful. The Securities referred to in this press release may not be offered or sold in\n \n the United States\n \n absent registration or an applicable exemption from registration. A copy of the preliminary short form base shelf...

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