Investor Presentaiton
16
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Liquidity and Capital
Cash and short-term investments of $47.9M as at fiscal 2019 year end
Generated positive adjusted EBITDA of $19.9M¹ in 2019
$50M in current undrawn capacity on total term loan of $115M ($65M undrawn at fiscal
2019 year-ended Aug. 31, 2019)
⚫ A revolver available of up to $25M to be drawn against specified receivables
.
⚫ Credit facility includes an option to increase to $175M²
.
• On December 4, 2019, for further financing flexibility, OGI announced an at-the-market
equity program ("ATM Program") allowing for the issuance of up to C$55M (or U.S. dollar
equivalent) of common shares from treasury at the sole discretion of the Company
1 Adjusted EBITDA is a non-IFRS measure - see final slide
2 Subject to agreement from lenders and certain legal and business conditions
ORGANIGRAMView entire presentation