An anonymous director reports
BALLARD FILES FINAL SHELF PROSPECTUS
Ballard Power Systems Inc. has filed a final short form base shelf prospectus, which provides the flexibility to make offerings of securities during the effective period of the prospectus, until April, 2023. The final short form base shelf prospectus has been filed further to the preliminary short form base shelf prospectus, which was previously announced on March 22, 2021.
The prospectus has been filed in each of the provinces and territories of Canada and a corresponding shelf registration statement on Form F-10 (registration statement) was also filed with the United States Securities and Exchange Commission (SEC). These filings will enable offerings of securities up to an aggregate initial offering price of $1.5-billion (U.S.) at any time during the 25-month period that the prospectus remains effective. The registration statement has been filed with the SEC but is not yet effective. Securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. After the registration statement becomes effective, a copy of the registration statement and a copy of the prospectus contained therein can be obtained by contacting Ballard at 9000 Glenlyon Parkway, Burnaby, B.C., V5J 5J8, attention: Kerry Hillier, corporate secretary. Copies of the prospectus and the registration statement are also available at SEDAR and on the SEC website.
If any securities are offered under the prospectus and/or registration statement, the terms of any such securities and the intended use of the net proceeds resulting from such offering would be established at the time of any offering and would be described in a prospectus supplement filed with applicable Canadian securities regulators and/or the SEC, respectively, at the time of such an offering and would be made available by Ballard at the above address.
About Ballard Power Systems Inc.
Ballard Power Systems' vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM (proton exchange membrane) fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars and forklift trucks.
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