Algoma Steel Group Inc. announced the filing of a base shelf prospectus dated July 18, 2025, with the Ontario Securities Commission, and a corresponding shelf registration statement on Form F-10 with the U.S. Securities and Exchange Commission.
These filings will allow the company, if it chooses, to make offerings of common shares, preferred shares, debt securities, subscription receipts, units, and warrants, or any combination thereof, in Canada and the United States for a period of 25 months.
The company stated that it has no present intention to pursue a capital raise in the near future. However, it intends to use the registration statement for the potential exercises of currently outstanding warrants and the potential resale of certain previously registered securities, providing long-term financial flexibility.
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