https://www.sedarplus.ca/csa-party/viewInstance/resource.html?node=W3256&drmKey=93e488d7a66e47cd&drr=ss9059fb39275f55e0651e604ea3faf5c38fab520c8ee046a6c91ae6ec7cae78a743b070e3bcaa0ceda62ddb23650f5949ux&id=0c11f8b7998bcd96fa7593216f819394c277651bbda2c67e
Unless otherwise specified in a prospectus Supplement, the net proceeds from the sale of Securities by the Company for cash will be used for general corporate purposes, including funding ongoing operation and/or capital requirements, reducing the level of indebtedness outstanding from time to time, capital investments in its Jamestown and Kitimat facilities, discretionary capital programs and potential future acquisitions. Each prospectus Supplement will contain specific information, if any, concerning the use of proceeds from that sale of Securities.
First thought, this looks like one step forward and two years back.