CannTrust Holdings Inc CNTTQ

CannTrust Announces Filing Preliminary Base Shelf Prospectus

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ORIGINAL: CannTrust Announces Filing of Preliminary Base Shelf Prospectus 2019-03-04 07:15 ET - News Release VAUGHAN, Ontario, March 4, 2019 /PRNewswire/ -- CannTrust Holdings Inc. ("CannTrust" or the "Company" (TSX:TRST) (NYSE:CTST) announces that on March 1, 2019, it filed and received a receipt for a preliminary short form base shelf prospectus (the "Shelf Prospectus") with the securities commissions in each of the provinces of Canada, except Qubec, and a corresponding shelf registration statement on Form F-10 (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") under the U.S./Canada Multijurisdictional Disclosure System ("MJDS"). The Shelf Prospectus and Registration Statement, when made final or effective, will allow the Company to offer up to C$700,000,000 of debt securities, warrants, subscription receipts, units or common shares, or any combination thereof, from time to time during the 25-month period that the (final) Shelf Prospectus is effective (subject to MJDS eligibility). The Company filed this Shelf Prospectus in order to maintain financial strength and flexibility going forward but has not entered into any agreements or arrangements to authorize or offer any securities at this time. The specific terms of any future offering of securities, including the use of proceeds from any offering, will be established in a prospectus supplement to the Shelf Prospectus, which supplement will be filed with the applicable Canadian securities regulatory authorities and the SEC. ============ https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aTRST-2726088&symbol=TRST®ion=C