VANCOUVER, BC, Dec. 23, 2021 /CNW/ - good natured Products
Inc. (the "Company" or "good natured®") (TSX-V:
GDNP), a North American leader in plant-based products, today
announced it has filed and obtained a receipt for a preliminary
short form base shelf prospectus (the "Shelf Prospectus") with the
securities commissions in each of the provinces and territories of
Canada other than the Province of
Québec.
The Shelf Prospectus, when made final and effective, will enable
good natured® to issue common shares, preferred shares, debt
securities, warrants, subscription receipts and units, or a
combination thereof from time to time, separately or together, in
amounts, at prices and on terms based on market conditions at the
time of sale and set forth in an accompanying shelf prospectus
supplement ("Prospectus Supplement"), for an aggregate offering
amount of up to $200,000,000 during
the 25-month period that the Shelf Prospectus is effective.
The specific terms of any future offering will be established in
a Prospectus Supplement to the Shelf Prospectus, which Prospectus
Supplement will be filed with the applicable Canadian securities
commissions. There is no certainty that any securities will be
offered or sold under the Shelf Prospectus within the 25-month
period that it is effective.
A copy of the Shelf Prospectus can be found on the Company's
directory on SEDAR at www.sedar.com.
This news release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any jurisdiction in which an offer,
solicitation or sale would be unlawful prior to registration or
qualifications under the securities laws of any such
jurisdiction.
The good natured® corporate profile can be found at:
investor.goodnaturedproducts.com and on SEDAR (sedar.com)
under the Company's issuer profile.
About good natured Products Inc.
good natured®
is passionately pursuing its goal of becoming North America's leading earth-friendly product
company by offering the broadest assortment of eco-friendly options
made from plants instead of petroleum. We're all about making it
easy and affordable for business owners and consumers to switch to
better everyday products® made from renewable materials and free
from chemicals of concern.
Part of the sustainable consumer goods market, good
natured® offers over 400 products and services through
wholesale and retail channels, including our own e-commerce stores.
From plant-based home organization products to compostable food
containers, bioplastic industrial supplies and medical packaging,
we're focused on delivering a great customer experience and to make
more plant-based products readily accessible to more people as the
path to deliver meaningful environmental and social impact.
For more information: goodnaturedproducts.com
On behalf of the Company:
Paul Antoniadis – Executive Chair & CEO
Contact: 1-604-566-8466
Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibilities for the adequacy or accuracy of this
release.
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Cautionary
Statement Regarding Forward-Looking Information
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Information
regarding the Shelf Prospectus contained in this news release
constitutes forward-looking information within the meaning of
securities laws.
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The
forward-looking statements contained in this news release are based
on certain key expectations and assumptions made by the Company,
including expectations and assumptions regarding the terms, timing
and potential final receipt of the Shelf Prospectus and
satisfaction of regulatory requirements in various jurisdictions.
These assumptions, although considered reasonable by the Company at
the time of preparation, may prove to be incorrect. Readers are
cautioned that final receipt of the Shelf Prospectus is subject to
a number of risks and uncertainties, including risks that
definitive credit agreements may not be executed, risks relating to
satisfaction of regulatory requirements in various jurisdictions
and general economic, market and business conditions and could
differ materially from what is currently expected as set out
above.
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Other than as
required under securities laws, we do not undertake to update this
information at any particular time.
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Forward-looking
information contained in this news release is based on our current
estimates, expectations and projections, which we believe are
reasonable as of the current date. The reader should not place
undue importance on forward-looking information and should not rely
upon this information as of any other date. All
forward-looking information contained in this news release is
expressly qualified in its entirety by this cautionary
statement.
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SOURCE Good Natured Products