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Ascendant Resources files up to C$100M shelf

Ascendant Resources Inc. filed a preliminary short-form base shelf prospectus to offer up to C$100.0 million of securities for sale from time to time during a 25-month period.

The filing covers common shares, debt and convertible securities, subscription receipts, warrants, rights and units.

The net proceeds will be used for potential mineral property acquisitions, working capital and general corporate purposes.