High Tide prospectus offering
2022-03-18 19:21 ET - Prospectus Approved
The company's short form base shelf prospectus dated April 22, 2021, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the Alberta Securities Commission, pursuant to the provisions of the Securities Act (Alberta), and the Ontario Securities Commission, pursuant to the provisions of the Securities Act (Ontario), on April 22, 2021. The prospectus was also filed under Multilateral Instrument 11-102, Passport System, in British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Yukon, Northwest Territories, and Nunavut. A receipt for the prospectus is deemed to be issued by the regulators in each of those jurisdictions, if the conditions of the instrument have been satisfied.
Further to an at-the-market offering of shares made pursuant to a prospectus supplement dated Dec. 3, 2021, to the company's short form base shelf prospectus dated April 22, 2021, the exchange has accepted for filing documentation with respect to the sales set out below under the at-the-market offering. The exchange has been advised by the company that sales under the at-the-market offering during the quarter ended Jan. 31, 2022, occurred for gross proceeds of $798,733.64.
Agents: ATB Capital Markets Inc. and ATB Capital Markets USA Inc.
Offering: 130,197 shares
Share price: varying prices during the quarter ended Jan. 31, 2022, with an average sale price of approximately $6.13 per share
Agents' warrants: none
Greenshoe option: none
Agents' commission: 2.0 per cent of the gross proceeds of the offering, being $12,163.46 in aggregate for the quarter ended Jan. 31, 2022
For further details, please refer to the company's short form base shelf prospectus dated April 22, 2021, prospectus supplement dated Dec. 3, 2021, and filed on SEDAR, and news releases dated April 22, 2021, and