SolarBank Renews Base Shelf Prospectus

Core Viewpoint - SolarBank Corporation has filed a final short form base shelf prospectus allowing it to offer up to C$200 million in various securities over a 25-month period, replacing its previous prospectus set to expire in June 2025 [1][2]. Company Overview - SolarBank Corporation is an independent renewable and clean energy project developer focusing on distributed and community solar projects in Canada and the USA [5]. - The company has developed renewable energy projects with a combined capacity of over 100 megawatts and has a potential development pipeline exceeding one gigawatt [5]. Financial Offering Details - The Shelf Prospectus allows the company to offer common shares, debt securities, warrants, subscription receipts, units, and share purchase contracts, with terms determined by market conditions at the time of offering [2][3]. - Net proceeds from any securities sold will be used for advancing business objectives, general corporate purposes, and potential future acquisitions [3]. Regulatory Filings - A corresponding shelf registration statement has been filed with the United States Securities and Exchange Commission, but it is not yet effective [1][4]. - The Shelf Prospectus and Registration Statement can be accessed through SEDAR+ and EDGAR respectively [4].