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Speakeasy Closes $3 Million Financing
Speakeasy Cannabis Club Ltd. (CSE: EASY) (Frankfurt: 39H) announces it has closed its non-brokered private placement of 4,285,714 Units at a price of $0.70 per Unit for gross proceeds of $3,000,000. Each Unit will be comprised of one common share of the Issuer and one common share purchase warrant of the Issuer. Each Warrant will be exercisable into a common share of the Company at an exercise price of CDN$1.00 with a year expiry.
$19,250 finder’s fees were paid by the Company in connection with this Private Placement.
The proceeds of this private placement are for the Company’s general working capital.
Posted July 24, 2018
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