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Press Release: MedReleaf Australia Announces Closing of Oversubscribed Financing

Significant Sales Growth and Corporate Update Brisbane, QLD, Australia – June 30, 2021 – Indica Industries Pty Ltd. T/A MedReleaf Australia (“MedReleaf” or the “Company”), a private Queensland-based company operating within Australia’s medical cannabis framework, is pleased to announce that it has closed a non-brokered private placement financing of common shares at a price of A$21.00 per share for gross proceeds of A$3.9 million (the “Offering”), an oversubscription of A$0.9 ...
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