Northland Power renews preliminary base shelf prospectus
Monday, Apr 14, 2014
Northland Power Inc. ("Northland") (TSX:NPI)(TSX:NPI.PR.A)(TSX:NPI.PR.C)(TSX:NPI.DB.A)(TSX:NPI.DB.B) today filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada. This filing, when made final, will enable Northland to offer an aggregate of up to $500 million of common shares, preferred shares, debentures and subscription receipts, or any combination thereof, over a 25-month period. Northland has no immediate intention to issue securities as a result of this filing.
This filing is a renewal of Northland's existing short form base shelf prospectus which maintains Northland's financial flexibility and provides efficient access to the Canadian capital markets when capital is required.
This news release does not constitute an offer to sell securities, nor is it a solicitation of an offer to buy securities, in any jurisdiction. All sales will be made through registered securities dealers in jurisdictions where an offering has been qualified for distribution.
Source: Northland Power