FAQ on SolarBank Corporation's Renewed $15M ATM Equity Program and New Shelf Prospectus Filing

What is the purpose of SolarBank Corporation’s renewed ATM equity program?

The purpose of the renewed ATM equity program is to allow SolarBank Corporation to issue up to US$15 million in common shares to support corporate initiatives including operations, capital programs, debt repayment, and potential acquisitions.

How will the shares be offered under the ATM equity program?

The shares will be offered at prevailing market prices through agents H.C. Wainwright & Co., Research Capital Corporation, and Research Capital USA Inc., with sales being discretionary and not guaranteed.

What is a short form base shelf prospectus?

A short form base shelf prospectus is a regulatory filing that allows a company to offer securities to the public over a period of time, providing flexibility in financing options.

Who are the agents involved in the ATM equity program?

The agents involved in the ATM equity program are H.C. Wainwright & Co., Research Capital Corporation, and Research Capital USA Inc.

Where can I find more information about SolarBank Corporation?

More information about SolarBank Corporation can be found on their website at SolarBankCorp.com or in the company’s newsroom at https://ibn.fm/SUUN.

What are the potential uses of the proceeds from the ATM equity program?

The proceeds from the ATM equity program are intended to support corporate initiatives including operations, capital programs, debt repayment, and potential acquisitions.

Is the sale of shares under the ATM equity program guaranteed?

No, the sale of shares under the ATM equity program is discretionary and not guaranteed.

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ESGWireNews is a specialized communications platform focusing on the Environmental, Social and Governance (ESG) sector and public companies committed to sustainable corporate practices. More information can be found at https://www.esgwirenews.com/.