OrganiGram Holdings Inc (OGI)

[investorcg]

From this, they are NOT drawing at this time...........

On November 4, 2019, the Company filed a preliminary base-shelf prospectus for an amount up to $175.0 million through the issuance of common shares, preferred shares, debt securities, subscription receipts, warrants or units. In order to take advantage of raising funds by way of the base-shelf prospectus, the Company would be required to file a final base-shelf prospectus and one or more prospectus supplements. The purpose of filing the base-shelf prospectus is to shorten the timeline to raise funds for growth opportunities and working capital.