Methanex Files Shelf Prospectus for Future Debt Offerings
August 06 2019 - 5:47PM
Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it
has filed a preliminary short form base shelf prospectus with the
securities regulatory authority in the Province of British
Columbia. A corresponding prospectus will also be filed with the
U.S. Securities and Exchange Commission (the “SEC”) as part of a
registration statement on Form F-10 in accordance with the
Multijurisdictional Disclosure System established between Canada
and the United States at the time that the final short form base
shelf prospectus is filed.
The shelf prospectus and the registration
statement, when made final or effective, will allow the Company, by
way of one or more prospectus supplements, to offer up to an
aggregate principal amount of US$1,200,000,000 of debt securities.
The securities may be offered in the United States from time to
time at the discretion of the Company during the 25-month period
that the shelf prospectus is effective. Unless otherwise specified
in a prospectus supplement relating to a particular offering of
securities, the net proceeds from any sale of securities will be
used for any one or more of debt repayment, working capital,
capital expenditures related to plant construction and maintenance
or other general corporate purposes.
A copy of the preliminary base shelf prospectus
filed with the securities regulatory authority can be found on
SEDAR at www.sedar.com.
This news release is for information purposes
only and does not constitute an offer to sell, or the solicitation
of an offer to buy, any of the securities, nor shall there be any
sale of these securities in any jurisdiction in which such an
offer, solicitation or sale would be unlawful prior to the
registration or qualification under the securities laws of any such
jurisdiction. These securities may not be sold nor may offers to
buy be accepted prior to the time that the registration statement
to be filed with the SEC becomes effective and the final short form
base shelf prospectus is filed with the securities regulatory
authority in the Province of British Columbia.
Methanex is a Vancouver-based, publicly traded
company and is the world's largest producer and supplier of
methanol to major international markets. Methanex shares are listed
for trading on the Toronto Stock Exchange in Canada under the
trading symbol "MX" and on the NASDAQ Global Market in the United
States under the trading symbol "MEOH”. Methanex can be visited
online at www.methanex.com.
For further information, contact:
Kim CampbellManager, Investor RelationsMethanex
Corporation604 661 2600 or Toll Free: 1 800 661
8851www.methanex.com
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