RE:RE:CVE filed a mixed-shelf prospectus SHORT FORM BASE SHELF PROSPECTUS
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| New Issue and/or Secondary Offering | | November 3, 2023 |
Cenovus Energy Inc.
Debt Securities
Common Shares
Preferred Shares
Subscription Receipts
Warrants
Share Purchase Contracts
Units
https://www.sec.gov/Archives/edgar/data/1475260/000119312523270516/d519401df10.htm
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- THANKS 'autofocus111' - the SHORT FORM BASE SHELF PROSPECTUS is usually a STANDARD LEGAL PROCEDURE to GIVE the company FLEXIBILITY in CASE they NEED QUICK ACCESS to SOME KIND OF FUNDING
- NO BIG DEAL unless you are in a BREAK GLASS in CASE OF EMERGENCY
- SUSPECTED ACTION (?) in our case:
* Page 9:
USE OF PROCEEDS Unless otherwise indicated in the applicable prospectus supplement, we will use the net proceeds we receive from the sale of the Securities for general corporate purposes. Those general corporate purposes may include capital expenditures, the repayment of indebtedness and the financing of acquisitions. The amount of net proceeds to be used for any such purpose will be described in the applicable prospectus supplement. We may invest funds that we do not immediately require in short-term marketable securities. The Selling Securityholders will not, directly or indirectly, receive any proceeds from any offering of Securities by us under this prospectus. We will not, directly or indirectly, receive any proceeds from any sale of Securities by the Selling Securityholders.
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- I 'SUSPECT' (?) that they will ISSUE new LONG-TERM DEBT (5 to 7 year NOTES) for the ENTIRE TRANSACTION AMOUNT (just to be CONSERVATIVE in this VOLATILE MARKET) but it DEPENDS on the INTEREST TERM STRUCTURE
- 50% of the WOOD RIVER Refinery in Illinois is a LOT MORE VALUABLE than for WHAT they PAID for the 50% interest in TOLEDO from BP in Ohio
* they also have to buy a 50% interest in the BORGER Refinery in Texas
- you are TALKING SERIOUS MONEY even for Cenovus Energy
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