{"id":398966,"date":"2020-12-14T08:33:21","date_gmt":"2020-12-14T13:33:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=398966"},"modified":"2020-12-14T08:33:21","modified_gmt":"2020-12-14T13:33:21","slug":"ayr-strategies-files-preliminary-base-shelf-prospectus","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ayr-strategies-files-preliminary-base-shelf-prospectus\/","title":{"rendered":"Ayr Strategies Files Preliminary Base Shelf Prospectus"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">\n        <strong>\/\/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION TO THE UNITED STATES\/\/<\/strong><br \/>\n        \n      <\/p>\n<p align=\"justify\">TORONTO, Dec.  14, 2020  (GLOBE NEWSWIRE) &#8212; Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRWF) (\u201cAyr\u201d or the \u201cCompany\u201d), a leading vertically integrated cannabis multi-state operator, is pleased to announce that it has filed a preliminary short form base shelf prospectus (the \u201c<strong>Prospectus<\/strong>\u201d) to provide the Company with the flexibility to take advantage of financing opportunities and favourable market conditions, if and when needed, during the 25-month period that the Prospectus, once made final, remains effective (the \u201c<strong>Effective Period<\/strong>\u201d).<\/p>\n<p align=\"justify\">The Prospectus has been filed in each of the provinces and territories in Canada. The Prospectus, when final and effective, will enable the Company to offer, issue and sell, from time to time: subordinate voting shares; restricted voting shares; limited voting shares; warrants; subscription receipts; debt securities; convertible securities; units; or any combination of such securities (collectively, the \u201c<strong>Securities<\/strong>\u201d) for up to an aggregate offering price of C$500,000,000 (or its equivalent), in one or more transactions during the Effective Period.<\/p>\n<p align=\"justify\">The Company may also use the Prospectus in connection with an \u201cat-the-market distribution\u201d in accordance with applicable securities laws, which would permit securities to be sold on behalf of the Company through the Canadian Securities Exchange (or other existing trading markets) as further described in the applicable prospectus supplement. To date, no agreement has been entered into with respect to such a distribution.<\/p>\n<p align=\"justify\">The Company may use the net proceeds from the sale of Securities for general corporate purposes, capital projects, internal expansion, or for the acquisition of other businesses, assets or securities by the Company or one of its subsidiaries.<\/p>\n<p align=\"justify\">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.<\/p>\n<p align=\"justify\">If any Securities are offered under the Prospectus, the terms of any such Securities and the intended use of the net proceeds resulting from such offering would be established at the time of any offering and would be described in a prospectus supplement filed with the applicable Canadian securities regulatory authorities at the time of such offering and would be made available by Ayr.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">Certain information contained in this news release may be forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are often, but not always, identified by the use of words such as \u201ctarget\u201d, \u201cexpect\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201cforesee\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cestimate\u201d, \u201cgoal\u201d, \u201coutlook\u201d, \u201cintend\u201d, \u201cplan\u201d, \u201cseek\u201d, \u201cwill\u201d, \u201cmay\u201d, \u201ctracking\u201d, \u201cpacing\u201d and \u201cshould\u201d and similar expressions or words suggesting future outcomes. This news release includes forward-looking information and statements pertaining to, among other things, Ayr\u2019s use of proceeds in respect of Securities issued under the Prospectus, if any. Forward-looking statements involve known and unknown risk factors that may cause the actual results to be materially different from those expressed or implied by the forward-looking statements. For more details on these and other risk factors see the Company&#8217;s most recent management\u2019s discussion and analysis and the Company\u2019s annual information form on file with Canadian securities regulatory authorities on SEDAR at www.sedar.com under the heading \u201cRisk Factors\u201d.<\/p>\n<p align=\"justify\">\n        <strong>About Ayr Strategies Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">Ayr Strategies (\u201cAyr\u201d) is an expanding vertically integrated, U.S. multi-state cannabis operator, focusing on high-growth markets. The Company cultivates and manufactures branded cannabis products for distribution through its network of retail outlets and through third-party stores. Ayr strives to enrich consumers\u2019 experience every day \u2013 helping them to live their best lives, elevated.<\/p>\n<p align=\"justify\">Ayr\u2019s leadership team brings proven expertise in growing successful businesses through disciplined operational and financial management, and is committed to driving positive impact for customers, employees and the communities they touch. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Lv4q8VuL6sEU6KY8Fk6rChFfvi43vivOJjEZ_8K0jLTzfn2Mg0eCebJo-ZcjIZsR1-JJfBeZEdvl5EXMARZr-56dVR79t5h5j3RppM5SEeM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.ayrstrategies.com<\/u><\/a>.<\/p>\n<p align=\"start\">\n        <strong>Company Contact:<\/strong>\n      <\/p>\n<p align=\"start\">Megan Kulick, Head of Investor Relations <br \/> T: (646) 977-7914 <br \/> Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=x4ikfT4Ak_QGVEvbhXlfR8Yi4Vu9vVW_kpqapA02YfZOJlbeAvero2ALK2wzqiqxzKY285Sqd0IiJaV0mhLoxaPfjGbLfUZns7QnHv1wouk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>IR@ayrstrategies.com<\/u><\/a><\/p>\n<p align=\"start\">\n        <strong>Investor Relations Contact:<\/strong>\n      <\/p>\n<p align=\"start\">Sean Mansouri, CFA or Cody Slach <br \/> Gateway Investor Relations <br \/> T: (949) 574-3860 <br \/> Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=x4ikfT4Ak_QGVEvbhXlfR2sTN4K5EDyTO_04r8BeAoOTwxc3ukm-BvwUKXZU2m7Q00baKF-Q8fQRiokBLNgkNRAEXuHsNlegffWkI-EhWpg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>IR@ayrstrategies.com<\/u><\/a><\/p>\n<p>\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMTcwNSMzODc5NjMyIzIxODQzOTU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/eb103b92-a721-4f9d-b6e6-9c8b73719dd8\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\/\/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION TO THE UNITED STATES\/\/ TORONTO, Dec. 14, 2020 (GLOBE NEWSWIRE) &#8212; Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRWF) (\u201cAyr\u201d or the \u201cCompany\u201d), a leading vertically integrated cannabis multi-state operator, is pleased to announce that it has filed a preliminary short form base shelf prospectus (the \u201cProspectus\u201d) to provide the Company with the flexibility to take advantage of financing opportunities and favourable market conditions, if and when needed, during the 25-month period that the Prospectus, once made final, remains effective (the \u201cEffective Period\u201d). The Prospectus has been filed in each of the provinces and territories in Canada. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ayr-strategies-files-preliminary-base-shelf-prospectus\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ayr Strategies Files Preliminary Base Shelf Prospectus&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-398966","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ayr Strategies Files Preliminary Base Shelf Prospectus - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ayr-strategies-files-preliminary-base-shelf-prospectus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ayr Strategies Files Preliminary Base Shelf Prospectus - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"\/\/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION TO THE UNITED STATES\/\/ TORONTO, Dec. 14, 2020 (GLOBE NEWSWIRE) &#8212; Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRWF) (\u201cAyr\u201d or the \u201cCompany\u201d), a leading vertically integrated cannabis multi-state operator, is pleased to announce that it has filed a preliminary short form base shelf prospectus (the \u201cProspectus\u201d) to provide the Company with the flexibility to take advantage of financing opportunities and favourable market conditions, if and when needed, during the 25-month period that the Prospectus, once made final, remains effective (the \u201cEffective Period\u201d). The Prospectus has been filed in each of the provinces and territories in Canada. &hellip; Continue reading &quot;Ayr Strategies Files Preliminary Base Shelf Prospectus&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ayr-strategies-files-preliminary-base-shelf-prospectus\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-14T13:33:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMTcwNSMzODc5NjMyIzIxODQzOTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ayr-strategies-files-preliminary-base-shelf-prospectus\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ayr-strategies-files-preliminary-base-shelf-prospectus\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Ayr Strategies Files Preliminary Base Shelf Prospectus\",\"datePublished\":\"2020-12-14T13:33:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ayr-strategies-files-preliminary-base-shelf-prospectus\\\/\"},\"wordCount\":701,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ayr-strategies-files-preliminary-base-shelf-prospectus\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExMTcwNSMzODc5NjMyIzIxODQzOTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ayr-strategies-files-preliminary-base-shelf-prospectus\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ayr-strategies-files-preliminary-base-shelf-prospectus\\\/\",\"name\":\"Ayr Strategies Files Preliminary Base Shelf Prospectus - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ayr-strategies-files-preliminary-base-shelf-prospectus\/","og_locale":"en_US","og_type":"article","og_title":"Ayr Strategies Files Preliminary Base Shelf Prospectus - Market Newsdesk","og_description":"\/\/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION TO THE UNITED STATES\/\/ TORONTO, Dec. 14, 2020 (GLOBE NEWSWIRE) &#8212; Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRWF) (\u201cAyr\u201d or the \u201cCompany\u201d), a leading vertically integrated cannabis multi-state operator, is pleased to announce that it has filed a preliminary short form base shelf prospectus (the \u201cProspectus\u201d) to provide the Company with the flexibility to take advantage of financing opportunities and favourable market conditions, if and when needed, during the 25-month period that the Prospectus, once made final, remains effective (the \u201cEffective Period\u201d). 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