Ballard Power: Shelf Prospectus
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VANCOUVER - Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) announced the filing of a new preliminary short form base shelf prospectus (Prospectus), which provides the Company with increased flexibility to make offerings of securities during the effective period of the Prospectus, until July 2018. The final short form base shelf prospectus is expected to be filed prior to expiry of the Company's existing shelf prospectus, which was filed in May 2014.
The Prospectus has been filed in each of the provinces and territories of Canada, except Quebec, and a corresponding shelf registration statement on Form F-10 (Registration Statement) was also filed with the United States Securities and Exchange Commission (SEC). These filings, when made final and effective, will enable offerings of securities up to an aggregate initial offering price of US$100 million at any time during the 25-month period that the Prospectus remains effective.
The Registration Statement has been filed with the SEC, but is not yet effective. Securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. After the Registration Statement becomes effective, a copy of the Registration Statement and a copy of the Prospectus contained therein can be obtained by contacting Ballard at 9000 Glenlyon Parkway, Burnaby, British Columbia, V5J 5J8, Attention: Kerry Hillier, Corporate Secretary. Copies of the Prospectus and the Registration Statement are also available at www.sedar.com and www.sec.gov, respectively.
About Ballard Power Systems
Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) provides clean energy products that reduce customer costs and risks, and helps customers solve difficult technical and business challenges in their fuel cell programs. To learn more about Ballard, please visit www.ballard.com.