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MedMen Announces Equity Private Placement
February 17, 2021 GMT
MedMen Enterprises Inc. (“
MedMen ” or the “
Company ”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the U.S., today announced the execution of subscription agreements with certain institutional investors (collectively, the
“Investors” ) for the sale of up to approximately US$5.8 million of units (”
Units ”) at a purchase price of US$0.3713 per Unit (the
“Private Placement” ). Each Unit consists of one Class B subordinate voting share (each, a ”
Share ”) and one share purchase warrant (each, a ”
MedMen Reports Second Quarter Fiscal Year 2021 Financial Results
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, 2021 /PRNewswire/ -
InMed Pharmaceuticals Inc. ( InMed or the Company ) (Nasdaq: INM) (TSX: IN), a clinical-stage pharmaceutical company developing medications targeting diseases with high unmet medical need and leading the clinical development of cannabinol ( CBN ), today announced that it has closed the previously announced private placement.
Under the terms of the private placement, an aggregate of 1,050,000 units were purchased, each unit comprised of one common share and 0.66 of a warrant to purchase one common share, at a placement price of US$4.25 per unit. The warrants have an exercise price of US$4.85, are exercisable six months following issuance, and have a term of five and one half years following issuance. After the placement agent fees and estimated offering expenses payable by the Company, the Company expects to receive net proceeds of approximately US$4.0 million.
Halo Collective Continues to Import to the United Kingdom, Now Offering Flower from Canada to UK Patients
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TORONTO, Feb. 16, 2021 /CNW/ - Halo Collective Inc. (
Halo or the
Company ) (NEO: HALO) (OTCQX: HCANF formerly AGEEF) (Germany: A9KN) is pleased to announce further imports of Cannabis-Based Products for Medicinal use (
CBPMs ) to the United Kingdom via the Company s wholly-owned subsidiary Canmart Ltd (
Canmart ). While Canmart had previously imported tincture originating in the European Union (
EU ), its importation program has now expanded to flower products from Canada. Following the Company s acquisition of Canmart in November 2020, Halo is executing on its plan to import an assortment of CBPMs to qualified UK patients in search of high-quality medical cannabis.
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Western Uranium & Vanadium Corp. Closes Non-Brokered Private Placement
Western Uranium & Vanadium Corp.February 16, 2021 GMT
Toronto, Ontario and Nucla, Colorado, Feb. 16, 2021 (GLOBE NEWSWIRE) Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to announce the closing of a non-brokered private placement (the “Private Placement”) of 3,250,000 units (the ”Units”) at a price of CAD$0.80 per Unit. The aggregate gross proceeds raised in this Private Placement amount to CAD$2,600,000.
Each Unit consists of one common share of Western (a “Share”) plus one common share purchase warrant of Western (a “Warrant”). Each Warrant shall entitle the holder to purchase one Share at a price of CAD$1.20 per Share for a period of three years following the closing date of the Private Placement. A total of 3,250,000 Shares and 3,250,
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