Alaris Equity Partners Announces Filing Of Final Prospectus
The final short form prospectus is accessible through SEDAR+
NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW
CALGARY, Alberta, May 27, 2025 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX: AD.UN) is pleased to announce today that it has filed, and obtained a receipt for, a final short form prospectus (the "Prospectus") in each of the provinces of Canada, other than Québec, with respect to the previously announced bought deal offering of $80 million principal amount of 6.50% convertible unsecured senior debentures (the 'Debentures') through a syndicate of underwriters (the "Underwriters") led by National Bank Financial Inc., CIBC Capital Markets and Desjardins Securities Inc. (the 'Offering'). The Trust has also granted the Underwriters an option to purchase up to an additional $12 million aggregate principal amount of Debentures, on the same terms and conditions, exercisable in whole or in part, from time to time, up to 30 days following the closing of the Offering. Unless otherwise stated, all numbers in this press release are presented in Canadian dollars.
Access to the Prospectus and any amendment thereto is provided in accordance with securities legislation relating to procedures for providing access to a prospectus and any amendment thereto. The Prospectus and any amendment thereto is accessible on SEDAR+ at www.sedarplus.ca. An electronic or paper copy of the Prospectus and any amendment thereto may be obtained, without charge, by contacting National Bank Financial Inc. by phone at (416) 869- 8414 or by email at NBF-Syndication@bnc.ca; CIBC Capital Markets, 161 Bay Street, 5th Floor, Toronto, ON M5J 2S8, by phone at (416) 956-6378 or by email at mailbox.canadianprospectus@cibc.com; or Desjardins Capital Markets at 25 York St., 10th Floor, Toronto, Ontario M5J 2V5, Attention: Equity Capital Markets or by email at ecm@desjardins.com by providing the contact with an email address or address, as applicable. Prospective investors should read the Prospectus in its entirety before making an investment decision.
The closing of the Offering is expected to occur on June 2, 2025, subject to customary closing conditions.
ABOUT ALARIS
The Trust, through its subsidiaries, invests in a diversified group of private businesses ("Partners") primarily through structured equity. The primary goal of its structured equity investments is to deliver stable and predictable returns to its unitholders through both cash distributions and capital appreciation. This strategy is enhanced by common equity positions, which allow the Trust to generate returns in alignment with the founders of its Partners.
FORWARD LOOKING STATEMENTS
This press release contains certain forward–looking information and statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the forgoing, this press release contains statements concerning the over-allotment option and the closing date of the Offering. Although Alaris believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Alaris can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward-looking statements contained in this press release are made as of the date hereof and Alaris undertakes no obligations to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.For further information please contact:
ir@alarisequity.comP: (403) 260-1457Alaris Equity Partners Income TrustSuite 250, 333 24th Avenue S.W.Calgary, Alberta T2S 3E6www.alarisequitypartners.comSign in to access your portfolio
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/Not for distribution to U.S. news wire services or for dissemination in the United States./ CALGARY, AB, June 2, 2025 /CNW/ - Simply Solventless Concentrates Ltd. (TSXV: HASH) ("SSC") announces that it has filed its annual audited financial statements and management's discussion and analysis for the year ended December 31, 2024 ("Annual Financials") on the Company's SEDAR+ profile at SSC also announces that due to delays incurred with filing these annual financial statements, the Company anticipates filing its first quarter results for the three months ended March 31, 2025 on or before June 20, 2025 pursuant to an extension from the Alberta Securities Commission (the "ASC"), the Company's principal regulator, of its previously announced management cease trade order ("MCTO") under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203") initially approved on May 5, 2025, and subsequently updated by SSC through press releases issued on April 30, 2025, May 14, 2025, and May 20, 2025. 2024 Highlights SSC achieved major milestones during 2024, including: SSC completed three acquisitions, including 1) the Lamplighter brand, 2) licenced producer CannMart Inc., and 3) leading preroll co-manufacturer ANC Inc. 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The Company confirms that (a) there have been no failures by the Company to fulfill its stated intentions with respect to satisfying the provisions of the alternative reporting guidelines under NP 12-203; (b) there has not been, nor is there anticipated to be, any specified default subsequent to the default which is the subject of the default announcement; and (c) there is no other material information concerning the affairs of the Company that has not been generally disclosed. The Company will issue required bi-weekly updated regarding the MCTO until it is revoked. About Simply Solventless Concentrates Ltd. SSC is a public company incorporated under the Business Corporations Act (Alberta). SSC's mission is to provide pure, potent, terpene-rich ready to consume cannabis products to discerning cannabis consumers. For more information regarding SSC, please see Notice on Forward Looking Information This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects", "projected", "approximately" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward looking statements concerning the release date of its March 31, 2024 quarterly financials, SSC's ability to attract talent, SSC's foundation for future growth, SSC's future revenue, profitability, and cash flow, and strengthening SSC's balance sheet. SSC cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of SSC, including expectations and assumptions concerning SSC, the timing and market acceptance of products, competition in SSC's markets, SSC's reliance on customers, fluctuations in interest rates, SSC's ability to maintain good relations with its customers, employees and other stakeholders, changes in law or regulations, SSC's ability to protect its intellectual property, as well as other risks and uncertainties, including those described in SSC's filings available on SEDAR+ at including its most recent annual information form. The reader is cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of SSC. The reader is cautioned not to place undue reliance on any forward-looking statements. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and SSC does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. Neither 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 Simply Solventless Concentrates Ltd. View original content to download multimedia: