Connect with us


National Access Cannabis Files Final Base Shelf Prospectus

Vlad Poptamas



Photo source:
Reading Time: 2 minutes


National Access Cannabis Corp. (“NAC” or the “Company“) (TSXV: META), Canada’s largest cannabis retailer1, announces that it has filed and received a receipt from the Ontario Securities Commission dated August 2, 2019 (the “Receipt“) for a final base shelf prospectus of the Company dated August 1, 2019 (the “Final Prospectus“). The Final Prospectus was filed with the securities regulatory authorities in each of the Provinces of Canada, other than Quebec.

“The base shelf provides our Company with maximum flexibility to access future capital as needed in order to execute on our strategic growth initiatives,” said Mark Goliger, CEO of NAC.

The Final Prospectus will enable NAC to complete offerings of up to $200 million of common shares, preferred shares, subscription receipts, warrants, units, and debt securities, or any combination thereof (collectively, the “Securities“) from time to time during the 25-month period that the Final Prospectus remains effective.

The Securities may be offered in amounts, at prices and on terms to be determined based on market conditions at the time of sale and set forth in an accompanying prospectus supplement (each, a “Prospectus Supplement“). In addition, the Securities may be offered and issued in consideration for the acquisition of other businesses, assets or securities by the Company or one of its subsidiaries. The consideration for any such acquisition may consist of the Securities separately, a combination of Securities or any combination of, among other things, Securities, cash and assumption of liabilities. The specific terms of any Securities offered and the intended use of the net proceeds resulting from such offering will be described in the applicable Prospectus Supplement.

This press release does not constitute an offer to sell or the solicitation of an offer to buy Securities, nor will there be any sale of the Securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under securities laws of any such jurisdiction.


SOURCE National Access Cannabis Corp.


Thank you for visiting my profile and thank you for reading my news and published press release!

There a many things that shape a man, but the carving is done by the hobbies and passions. I've pursued two main careers, professional photography and webdesign, while also keeping a passion for automobiles, technology and games. At PICANTE NEWS, I take care of news editing and press release publishing in se
veral categories and as I've mentioned, during my spare time, I am also a professional photographer with webdesign skills.

My future plans include developing more journalistic skills and start creating investigative journalism. You can find my reports and press release coverages in the following categories:


You can get in touch to discuss interviews or possible article submissions by contacting us.

Let's also connect via social media! You can find me on Facebook or visit my photo portfolio.

Font Resizer


Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Follow our Tweets


Please turn AdBlock off