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Industry NewsOrganic Garage files preliminary base shelf prospectus

Organic Garage files preliminary base shelf prospectus

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Organic Garage has announced that it has filed, and received a receipt for, a preliminary short form base shelf prospectus with the securities commissions in the provinces of Ontario, British Columbia, Alberta, Manitoba and Saskatchewan.

The Company is filing this Shelf Prospectus to maintain financial flexibility and efficient access to Canadian capital markets to pursue its growth initiatives but has no immediate intentions to undertake an offering.

Once a receipt for the final Shelf Prospectus is received from the applicable securities regulators, the Shelf Prospectus will allow the Company to offer and issue up to $15 million of common shares, warrants, subscription receipts, units, or any combination of the foregoing (collectively, the “Securities”) during the 25-month period that the Shelf Prospectus is effective. A copy of the Shelf Prospectus is available on SEDAR.

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