VANCOUVER, BC / ACCESSWIRE / April 22, 2022 / 1933 Industries Inc. (the "Company" or "1933Industries") (CSE:TGIF)(OTCQB:TGIFF), a Nevada-focused cannabis consumer packaged goods company, is pleased to announce that it has filed a preliminary short form base shelf prospectus ("Base Shelf Prospectus") under legislation in each of the provinces of British Columbia, Alberta, Saskatchewan and Ontario. The Base Shelf Prospectus is intended to give the Company flexibility to offer and issue from time to time the following securities: common shares, debt securities, subscription receipts exchangeable for common shares and/or other securities of the Company, warrants, securities convertible into or exchangeable for common shares and/or other securities, securities comprised of more than one of common shares, debt securities, subscription receipts and/or warrants offer ed together as a unit, or any combination thereof (the "Securities"), though the Company has not yet entered into any agreements or arrangements to offer any Securities at this time. Once a final receipt for the final Base Shelf Prospectus is received from the applicable securities commissions, the Company will be permitted to offer for sale and issuance up to US$100,000,000 in aggregate Securities at any time during the 25-month period that the final Base Shelf Prospectus remains valid. The Securities may be offered in one or more transactions, separately or together, in separate series, in amounts, at prices and on terms to be set forth in one or more prospectus supplements to be filed with the applicable regulators in due course. The Company may take advantage of financing opportunities during favorable market conditions; however, there is no certainty that any securities will be offered or sold under the final Base Shelf Prospectus. Following the review period b y the appropriate regulators, the Company will announce the receipt and filing of the final Base Shelf Prospectus. No securities regulatory authority has expressed an opinion about these securities. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The Securities have not been and will not be registered under the United States Securities Act of 1933 and accordingly will not be offered, sold or delivered, directly or indirectly within the United States, its possessions and other areas subject to its jurisdiction or to, or for the account or for the benefit of a U.S. person, except pursuant to applicable exemptions from the registration requirements. The Base Shelf Prospectus has been filed under the Co mpany's profile on SEDAR at www.sedar.com |