Metals Update 02/07/2021

Voyager Digital files prospectus for $300M (U.S.)

Voyager Digital Ltd. has filed a preliminary short form base shelf prospectus in each of the provinces and territories of Canada providing the company the ability to raise up to $300-million (U.S.) over the next 25 months.

“Although the company does not need to raise capital at present, the filing of our first prospectus positions Voyager to take advantage of significant opportunities ahead as we grow our business, including [mergers and acquisitions], uplisting of our stock, and increased efficiency for trading Voyager stock, once the prospectus is cleared,” said Stephen Ehrlich, chief executive officer and co-founder of Voyager. “We’re excited to have this mechanism in place to facilitate our growth and expand the trading parameters of our stock for investors.”

The shelf prospectus, when made final, will allow the company to make offerings of common shares, warrants, units, debt securities, subscription receipts, rights or any combination thereof for up to an aggregate total of $300-million (U.S.) during the 25-month period that the shelf prospectus is effective. If any securities are offered under the shelf prospectus, when made final, the terms of any such securities and the intended use of the net proceeds resulting from such offering would be established at the time of any offering and would be described in a prospectus supplement filed with the applicable Canadian securities regulators at the time of such an offering

Voyager will also participate in the 2021 Sequire Blockchain Conference on July 15. The conference will include over 15 publicly traded crypto and blockchain companies, and consist of panels and keynotes on relevant news in the decentralized finance space.

Voyager’s chief executive officer, Steve Ehrlich, will be presenting at this conference at 1:30 p.m. ET. For more information about the event, visit the Blockchain21 website. For more information about additional investor events that Voyager will be participating in, please visit the company’s website.

A copy of the shelf prospectus can be found under the company’s profile on SEDAR.