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Pac Roots Cannabis Corp.: PacRoots Closes $1.34M Private Placement - Vimarsana News

Pac Roots Cannabis Corp.: PacRoots Closes $1.34M Private Placement

Pac Roots Cannabis Corp.: PacRoots Closes $1.34M Private Placement Pac Roots Cannabis Corp. (CSE: PACR) ("PacRoots" or the "Company"), announces the closing of its previously announced non-brokered private placement (see press release dated January 25, 2021). Aggregate gross proceeds of $1,340,685.90 were raised through the issuance of 7,448,255 units (each a "Unit"). Each Unit consists of one common shares and one share purchase warrant. Each warrant is exercisable at a price of $0.30 per share until February 23, 2024. Aggregate finder's fees of $75,294.51 in cash and 408,303 finder's war...

PacRoots Acquires Cannabis Lifestyle Brand Lords of Grasstown For $50K - Vimarsana News

PacRoots Acquires Cannabis Lifestyle Brand Lords of Grasstown For $50K

Lords of Grasstown. Under the share purchase agreement, the Vancouver-based company opted to purchase all the issued and outstanding shares of Grasstown Holdings Ltd. for $50,000. The sum is payable within a month, flowing the deal closing and issuance of some 6 million Pac Roots shares. The transaction is scheduled to finalize on Friday, Feb.19. Pac Roots CEO Patrick Elliott praised Grasstown, calling it an “incredible brand and story driven by artists with a passionate vision that resonates throughout a massive community.” “This platform brings a tremendous following that embraces the...