The Toronto Stock Exchange reports that Ballard Power Systems Inc. will list additional shares on the TSX. As stated in the prospectus supplement dated Sept. 1, 2020, to the short form base shelf prospectus dated June 12, 2020, the company will issue shares, pursuant to the at-the-market (ATM) distribution procedures as defined by National Instrument 44-102, for a total sale price of up to $250-million (U.S.).
According to TSX, the ATM sales will be made directly on the TSX or Nasdaq Global Market, or any other trading
market for the shares in Canada or the United States,
during the period commencing Sept. 1, 2020, and
ending no later than July 12, 2022. As a result of the ATM
procedures, prices may vary as between purchasers and
during the period of distribution.
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