TORONTO, Dec. 12, 2019 /CNW/ - Baylin Technologies Inc.
(TSX: BYL) (the "Company") announced that it has filed a
preliminary short form base shelf prospectus with the securities
regulatory authorities in each of the provinces and territories of
Canada.
The base shelf prospectus, when final, will allow the Company to
offer up to $100,000,000 of common
shares, preferred shares, debt securities, subscription receipts,
warrants or units, or any combination of those securities, during
the 25-month period that the base shelf prospectus remains
effective. The specific terms of any offering under the base shelf
prospectus will be described in an accompanying prospectus
supplement, which will be filed with securities regulatory
authorities.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy, and there may not be any sale of,
any of these securities in any jurisdiction in which an offer,
solicitation or sale would be unlawful prior to the qualification
of the securities under the applicable securities laws of any such
jurisdiction.
A copy of the preliminary short form prospectus can be found on
SEDAR at www.sedar.com.
About Baylin
Baylin (TSX: BYL) is a diversified leading global wireless
technology management company. Baylin focuses on research, design,
development, manufacturing and sales of passive and active RF
products and services. We aspire to exceed our customers' needs and
anticipate the direction of the market.
Forward-looking Information Cautionary Statement
This news release contains statements that may constitute
"forward-looking statements" or "forward looking information" under
applicable securities laws, including statements relating to the
customers and potential sales of products by Baylin and assumptions
regarding the future performance of Baylin. Certain statements made
in this news release that are not historical facts are also
forward-looking statements. These forward-looking statements
reflect management's current internal projections, expectations or
beliefs and are based on information currently available to Baylin.
In some cases, forward-looking statements can be identified by
terminology such as "may", "will", "should", "expect", "intend",
"plan", "anticipate", "believe", "predict", "potential", "continue"
or the negative of these terms or other comparable terminology. A
number of factors could cause actual events or results to differ
materially from those discussed in the forward-looking statements.
Risks and uncertainties that could cause or contribute to such
differences include, but are not limited to, those described under
"Risk Factors" in Baylin's most recent annual information form,
which is available on SEDAR. Baylin has made a number of
assumptions in making forward-looking statements in this news
release. Although management believes that the forward-looking
statements contained herein are based on reasonable assumptions, an
investor cannot be assured that actual results will be consistent
with such statements. The forward-looking statements contained
herein are expressly qualified in their entirety by this cautionary
statement. Baylin cannot provide any assurance that forward-looking
statements will materialize. The forward-looking statements
included in this news release are made as of the date of this news
release and Baylin undertakes no obligation to publicly update such
forward-looking statements to reflect new information, subsequent
events or otherwise except as may be required by applicable
securities laws.
SOURCE Baylin Technologies Inc.