The Toronto Stock Exchange reports that Global Atomic Corp. will list additional shares on the TSX. As stated in the prospectus supplement dated Dec. 6, 2023, to the company's short form base shelf prospectus dated Nov. 21, 2023, the company is issuing up to $50-million of shares to the public pursuant to the at-the-market (ATM) distribution procedures as defined by National Instrument 44-102, Shelf Distributions.
According to the TSX, the ATM
sales will be made directly on the TSX and
on certain other Canadian marketplaces on which the shares trade during the period commencing Dec. 6, 2023,
and ending on the earlier of: (i) Dec. 21, 2025; (ii) the
issuance and sale of all of the common shares subject to the
equity distribution agreement dated Dec. 6, 2023; and (iii) the termination of the
distribution agreement as permitted therein. As a result of the
ATM procedures, prices may vary as between purchasers and
during the period of distribution.
© 2024 Canjex Publishing Ltd. All rights reserved.