/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
/
CALGARY,
AB, Jan. 26, 2022 /CNW/ - Eguana Technologies
Inc. ("Eguana" or the "Company") (TSXV: EGT) (OTCQB:
EGTYF) announced today that it has filed and obtained a receipt
for its final short form base shelf prospectus with the
securities regulatory authorities in each of the provinces of
Canada except Québec (the
"Shelf Prospectus"). The Shelf Prospectus allows the Company
and certain of its security holders to qualify the distribution of
common shares, preferred shares, debt securities, subscription
receipts, units, warrants, and share purchase contracts
(collectively, the "Securities"), or any combination
thereof, from time to time, separately or together, in amounts, at
prices and on terms as set forth in an accompanying shelf
prospectus supplement ("Prospectus Supplement"), for an
aggregate amount of up to C$150
million during the 25-month period that the Shelf Prospectus
is effective.
The specific terms of any future offering of Securities will be
established in a Prospectus Supplement to the Final Prospectus,
which supplement will be filed with the applicable Canadian
securities regulatory authorities.
The Company has filed the Shelf Prospectus in order to maintain
financial flexibility as it continues to scale its business. There
is no certainty that any Securities will be offered or sold under
the final Shelf Prospectus within the 25-month period that it is
effective.
The Shelf Prospectus and the preliminary base shelf prospectus
can be found under the Company's profile on SEDAR at sedar.com.
No securities regulatory authority has either approved or
disapproved of the contents of this news release. This news release
shall not constitute an offer to sell or the solicitation of an
offer to buy, nor shall 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 the
securities laws of any such jurisdiction.
About Eguana Technologies Inc.
Based in Calgary, Alberta
Canada, Eguana Technologies (EGT: TSX.V) (OTCQB: EGTYF)
designs and manufactures high performance residential and
commercial energy storage systems. Eguana has two decades of
experience delivering grid edge power electronics for fuel cell,
photovoltaic and battery applications, and delivers proven,
durable, high quality solutions from its high capacity
manufacturing facilities in Europe, Australia and North
America.
With thousands of its proprietary energy storage inverters
deployed in the European and North American markets, Eguana is one
of the leading suppliers of power controls for solar
self-consumption, grid services and demand charge applications at
the grid edge.
To learn more, visit www.EguanaTech.com
or follow us on Twitter @EguanaTech
Forward Looking Information
Certain
information in this news release constitutes forward-looking
statements and forward-looking information (collectively, the
"forward-looking statements") within the meaning of Canadian
securities laws, and is subject to numerous risks, uncertainties
and assumptions, many of which are beyond the Company's control.
This forward-looking information includes, among other things,
statements regarding the Shelf Prospectus, including the type of
securities that may be sold under the Shelf Prospectus and a
Prospectus Supplement.
The words "may", "could", "should", "would", "suspect",
"outlook", "believe", "anticipate", "estimate", "expect", "intend",
"plan", "target" and similar words and expressions are used to
identify forward-looking information. The results or events
anticipated or predicted in such forward-looking information may
differ materially from actual results or events. Material factors
which could cause actual results or events to differ materially
from such forward-looking information include, among others, the
uncertainty surrounding the spread of COVID-19 and the impact it
will have on the Company's operations and economic activity in
general, and the risks and uncertainties discussed in our most
recent annual and quarterly reports filed with the Canadian
securities regulators and available on the Company's profile on
SEDAR at www.sedar.com, which risks and uncertainties are
incorporated herein by reference. Readers are cautioned not to
place undue reliance on forward-looking statements. Except as
required by law, the Company does not intend, and undertakes no
obligation, to update any forward-looking statements to reflect, in
particular, new information or future events. The Company cautions
that the foregoing list of material factors is not exhaustive. When
relying on the Company's forward looking information to make
decisions, investors and others should carefully consider the
foregoing factors and other uncertainties and potential events. The
Company has assumed a certain progression, which may not be
realized. It has also assumed that the material factors referred to
in the previous paragraph will not cause such forward-looking
information to differ materially from actual results or events.
However, the list of these factors is not exhaustive and is subject
to change and there can be no assurance that such assumptions will
reflect the actual outcome of such items or factors.
The forward-looking statements contained in this news release
represent the expectations of the Company as of the date of this
news release and, accordingly, is subject to change after such
date. Readers should not place undue importance on forward-looking
information and should not rely upon this information as of any
other date. While the Company may elect to, it does not undertake
to update this information at any particular time. This news
release does not constitute an offer to sell or a solicitation of
an offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities
Act of 1933, as amended (the "U.S. Securities Act") or any state
securities laws and may not be offered or sold within the United States unless registered under the
U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Minden Gross LLP
