Aurora Cannabis Files Preliminary Base Shelf Prospectus

Aurora Cannabis Inc. ACB ACB has filed a new preliminary short form base shelf prospectus with securities regulators in each of the provinces of Canada, except Quebec.

The base shelf prospectus, together with a corresponding registration statement to be filed with the United States Securities and Exchange Commission, when made final or effective, will replace the company's existing base shelf prospectus and will qualify the issuance of $650 million of common shares, warrants, options, subscription receipts, debt securities and/or units during the 25-month period that the base shelf prospectus remains effective. Of the $650 million of securities to be registered under the base shelf prospectus, approximately $412 million will be allocated to the potential exercise of currently outstanding warrants issued in financing transactions from 2020 to 2022. As a result, approximately $238 million will be available for potential new issuances under the base shelf prospectus, which is the approximate amount available for new issuances under the company's current base shelf prospectus.

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