Preliminary short form base shelf prospectus definition

Shelf prospectus

The required disclosure for a base shelf prospectus is essentially the same as for a short-form prospectus, modified in accordance with National Instrument 44-102 Shelf Distributions.

Certain information relating to the details of a particular offering may be omitted from a base shelf prospectus, provided it is included in a supplementary document (referred to as a shelf supplement) that is filed and delivered when the actual distribution of securities occurs.

Once approved, the base shelf prospectus allows companies to access the capital markets quickly. They do so by filing a shelf supplement for a specific offering of securities, which is typically not reviewed by regulators.

IMO, you have to wonder if there is not a JV sooner than we think.

GLTA