- 1933 Industries Inc. (TGIF) files a preliminary short-form base shelf prospectus in British Columbia, Alberta, Saskatchewan, and Ontario
- It is intended to give 1933 Industries the flexibility to offer and issue varying securities
- The company has not entered into any agreements or arrangements to offer securities
- It will eventually be able to offer for sale and issuance up to US$100 million in securities
- 1933 Industries is a Nevada-based company focusing on the cultivation and manufacturing of cannabis consumer branded goods
- 1933 Industries Inc. (TGIF) is down 11.11 per cent and is trading at $0.04 per share as of 2:54 p.m. ET
1933 Industries (TGIF) has filed a preliminary short-form base shelf prospectus in British Columbia, Alberta, Saskatchewan, and Ontario.
The base shelf prospectus is intended to give 1933 Industries the flexibility to offer and issue from time to time the following securities:
- Common shares
- Debt securities
- Subscription receipts exchangeable for common shares and/or other securities
- Warrants
- Securities convertible into or exchangeable for common shares and/or other securities
- Securities comprised of common shares, debt securities, subscription receipts and/or warrants offered together as a unit
However, 1933 Industries has not yet entered into any agreements or arrangements to offer any securities.
Once a final receipt for the final base shelf prospectus is received from the applicable securities commissions, the company will be permitted to offer for sale and issuance up to US$100 million in securities at any time during a 25-month period where the final base shelf prospectus remains valid.
The securities may be offered in one or more transactions, separately or together, in separate series, in amounts, at prices and on terms to be set forth in one or more prospectus supplements to be filed with the applicable regulators in due course.
The company may take advantage of financing opportunities during favourable market conditions. However, there is no certainty that any securities will be offered or sold.
1933 Industries is a Nevada-based company focusing on the cultivation and manufacturing of cannabis consumer branded goods.
1933 Industries Inc. (TGIF) is down 11.11 per cent and is trading at $0.04 per share as of 2:54 p.m. ET.
