RE:Medipharm Labs To Raise $20 Million Via Bought Deal Financin If they used the ATM they would be selling shares into the market without warrants attached. Idiots for not using it.
The Company may also use the Base Shelf Prospectus in connection with an "at-the-market distribution" in accordance with applicable securities laws, which would permit Securities to be sold on behalf of the Company through the Toronto Stock Exchange (or other existing trading markets) as further described in the applicable prospectus supplement. To date, no agreement has been entered into with respect to any "at-the-market distribution".