Mr. Vincent Metcalfe reports
NOMAD ROYALTY COMPANY FILES FINAL BASE SHELF PROSPECTUS
Nomad Royalty Company Ltd. has filed a final short-form base-shelf prospectus with, and received a receipt for the base-shelf prospectus from, the securities regulators in each province of Canada. As previously announced, the base-shelf prospectus will allow the company and/or selling securityholders to make offerings of common shares (including by way of an at-the-market distribution in accordance with applicable securities laws), preference shares, subscription receipts, warrants, debt securities, units or any combination thereof up to a maximum amount of $300-million (U.S.) during the 25-month period in which the base-shelf prospectus is effective.
As previously announced, Nomad has filed the base-shelf prospectus to provide the company with greater financial flexibility going forward, but has not entered into any agreement or arrangement to authorize or offer any securities at this time. In Canada, the use of a base-shelf prospectus is customary practice as it allows companies to undergo the applicable Canadian regulatory review process before commencing any offer of securities. The company has no immediate plans to issue securities under the base-shelf prospectus, and indeed may never issue any securities under this prospectus. Should the company and/or selling securityholders decide to offer securities during the 25-month effective period, the specific terms, including the use of proceeds from any offering, will be set forth in a prospectus supplement to the base-shelf prospectus, which will be filed with the applicable Canadian securities regulatory authorities.
A copy of the final short-form base-shelf prospectus can be found under Nomad's profile on SEDAR.
About Nomad Royalty Company Ltd.
Nomad is a gold and silver royalty company that purchases rights to a percentage of the gold or silver produced from a mine for the life of the mine. Nomad owns a portfolio of 12 royalty, stream and gold loan assets, six of which are on currently producing mines. Nomad plans to expand and diversify its low-cost production profile through the acquisition of additional producing and near-term-producing gold and silver streams and royalties.
We seek Safe Harbor.
© 2021 Canjex Publishing Ltd. All rights reserved.