Filing of Final Base Shelf Prospectus / NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /
CALGARY, AB, Jan. 26, 2022 /CNW/ - Eguana Technologies Inc. ("Eguana" or the "Company") (TSXV: EGT) (OTCQB: EGTYF) announced today that it has filed and obtained a receipt for its final short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada except Qubec (the "Shelf Prospectus"). The Shelf Prospectus allows the Company and certain of its security holders to qualify the distribution of common shares, preferred shares, debt securities, subscription receipts, units, warrants, and share purchase contracts (collectively, the "Securities"), or any combination thereof, from time to time, separately or together, in amounts, at prices and on terms as set forth in an accompanying shelf prospectus supplement ("Prospectus Supplement"), for an aggregate amount of up to C$150 million during the 25-month period that the Shelf Prospectus is effective.
The specific terms of any future offering of Securities will be established in a Prospectus Supplement to the Final Prospectus, which supplement will be filed with the applicable Canadian securities regulatory authorities.
The Company has filed the Shelf Prospectus in order to maintain financial flexibility as it continues to scale its business. There is no certainty that any Securities will be offered or sold under the final Shelf Prospectus within the 25-month period that it is effective.
The Shelf Prospectus and the preliminary base shelf prospectus can be found under the Company's profile on SEDAR at sedar.com.
No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
About Eguana Technologies Inc.
Based in Calgary, Alberta Canada, Eguana Technologies (EGT: TSX.V) (OTCQB: EGTYF) designs and manufactures high performance residential and commercial energy storage systems. Eguana has two decades of experience delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, and delivers proven, durable, high quality solutions from its high capacity manufacturing facilities in Europe, Australia and North America.
With thousands of its proprietary energy storage inverters deployed in the European and North American markets, Eguana is one of the leading suppliers of power controls for solar self-consumption, grid services and demand charge applications at the grid edge.
To learn more, visit www.EguanaTech.com or follow us on Twitter @EguanaTech