The Toronto Stock Exchange reports that Enbridge Inc. will list additional common shares on the exchange. As stated in the prospectus supplement dated May 15, 2024, to the short form base shelf prospectus dated Sept. 5, 2023, the company is issuing up to $2.75-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 on or through the TSX, the New York Stock Exchange, or any other marketplace in Canada or the United States where the shares may be traded, during the period commencing on May 15, 2024, and ending on the earlier of: (i) the sale of all of the offered shares subject to the equity distribution agreement between the company and the sales agents dated May 15, 2024; (ii) the termination of the distribution agreement by the company or by the sales agents as provided therein; or (iii) on Dec. 31, 2024, in each case in accordance with the terms of the distribution agreement. As a result of the ATM procedures, prices may vary as between purchasers and during the period of distribution.