Wildpack Files Base Shelf Prospectus

VANCOUVER, BC, March 15, 2022 /CNW/ – Wildpack Beverage Inc. (TSXV: CANS) (OTCQB: WLDPF) (“Wildpack”) has filed and obtained a receipt for its final short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada (the “Shelf Prospectus”). The Shelf Prospectus enables Wildpack and certain of its security holders to qualify the distribution of common shares, debt securities, subscription receipts, convertible securities, warrants and units (collectively, the “Securities”), or any combination thereof, from time to time, separately or together, in amounts, at prices, on terms and with an intended use of proceeds to be set forth in a then-accompanying shelf prospectus supplement (“Prospectus Supplement”), for an aggregate amount of up to US$150 million during the 25-month effective period of the Shelf Prospectus.

“I’m excited about the agility a Base Shelf offers an ambitious company like Wildpack,” commented Mitch Barnard, Chief Executive Officer. “Our experience in buying and building has led us to a data driven approach to deploying capital that combines the economics of enterprise value & shareholder value, the Base Shelf enhances our approach by making Wildpack nimble over the next two years.”

The specific terms of any future offering of Securities will be established in a Prospectus Supplement to the Shelf Prospectus, which supplement will be filed with the applicable Canadian securities regulatory authorities in due course.

Wildpack has filed the Shelf Prospectus in order to maintain financial flexibility as it continues to scale its business. There is no certainty that any Securities will be offered or sold under the Shelf Prospectus.

The Shelf Prospectus and the preliminary base shelf prospectus can be found under Wildpack’s profile on SEDAR at www.sedar.com.

No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

Per: “Mitch Barnard”

Mitch Barnard
Chief Executive Officer and Director

Advisors

Stifel GMP is financial advisor to Wildpack Beverage Inc., Fasken Martineau DuMoulin LLP is its legal advisor.

Visit our investor website at:

https://investor.wildpackbev.com

About Wildpack

Wildpack is engaged in beverage manufacturing and packaging, operating in the middle market by providing sustainable aluminum can filling, decorating, packaging, and sleeve and label printing services to brands throughout the United States. Wildpack currently operates facilities in Baltimore, Maryland, Grand Rapids, Michigan, Atlanta, Georgia, Longmont, Colorado, Sacramento, California and Las Vegas, Nevada with a focus on digital innovation and sustainable ready-to-drink packaging. Wildpack commenced trading on May 19, 2021, on the TSX Venture Exchange under the symbol “CANS” and commenced trading on February 23, 2022, on the OTCQB® Venture Market under the symbol “WLDPF”.

SOURCE Wildpack Beverage Inc.